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SEBI's Leadership at Risk?

2024 • 2min • News • Business

Informative

Published on: September 05, 2024 - Is SEBI’s leadership in trouble? Well, that's the question many are asking right now, as the market regulator's chief, Madhabi Puri Buch, is facing a wave of allegations that could shake the foundation of trust in SEBI. It all began with a startling from Hindenburg Research, which alleged that Buch and her husband had financial ties to offshore entities connected to the Adani Group, while SEBI was actively investigating the conglomerate. This sparked accusations of a major conflict of interest, leaving many wondering if Buch’s role as SEBI chief is compromised.