The Congress party has reignited scrutiny of SEBI Chairperson Madhabi Puri Buch, alleging she has engaged in trading listed securities and investing in Chinese firms while holding office. These accusations form part of a broader examination of the market regulator’s activities by the opposition party.
Congress claims that Buch’s alleged actions pose serious conflicts of interest, given her pivotal role in regulating India’s financial markets. They are calling for a thorough investigation to ensure transparency and uphold accountability.
As the controversy unfolds, SEBI has yet to comment on the allegations. This situation is likely to increase pressure on the regulatory body to address these serious claims and clarify the chairperson’s conduct.
