Now we know why our letters to SEBI chief went unanswered: Shiv Sena (UBT) MP Priyanka Chaturvedi
The Hindu
SEBI Chairperson linked to Adani scandal, Shiv Sena demands investigation, Hindenburg Research exposes offshore funds involvement.
Shiv Sena (UBT) leader Priyanka Chaturvedi on Saturday (August 10, 2024) said it was now clear why the Securities and Exchange Board of India (SEBI) did not answer her letters seeking details of Adani group companies.
She was reacting to U.S. short-seller Hindenburg Research's claim that SEBI Chairperson Madhabi Buch and her husband had stakes in obscure offshore funds used in the Adani money siphoning scandal.
Ms. Chaturvedi had sought details of the probe against Adani group of companies in April last year.
Also Read: Hindenburg shorts Adani Group, flags debt and accounting concerns
"Now we know why our letters went unanswered and unacknowledged," she said in her reaction.
Shiv Sena UBT spokesperson Anand Dubey said the Hindenburg Research's report suggests an involvement of the SEBI chief in the matter.
"Now the question is who will investigate the matter. The way the Parliament session was concluded...there is a sense that something is wrong," Mr. Dubey said.
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