‘Umpire Herself Is Compromised’: Rahul Gandhi Calls for Probe After Hindenburg Research Alleges Links Between SEBI Chief Madhabi Buch and Adani Offshore Entities

In a strong statement, Congress leader Rahul Gandhi has called for an immediate probe into allegations made by US short-seller Hindenburg Research, linking SEBI Chairperson Madhabi Puri Buch to offshore entities tied to the Adani Group. In a post on X, Gandhi questioned the integrity of SEBI, emphasising the impact on small investors and demanding answers from the government. Drawing an analogy to a cricket match, Gandhi remarked, "Imagine watching a match where the umpire is compromised. What would happen to the fairness and outcomes of the match?" He warned stockholders of significant risks in the Indian market due to the compromised regulatory oversight. Hindenburg Research has alleged that Buch had undisclosed investments in offshore funds associated with the Adani Group, a claim both Buch and the Adani Group have denied as baseless. The controversy has intensified calls for a thorough investigation, with Gandhi pressing for accountability from the highest levels, including Prime Minister Modi. Hindenburg Research's Allegations Against SEBI Chairperson Madhabi Buch: Congress Says JPC Must, Urges Supreme Court To Take Cognizance of ‘Scam’.

Rahul Gandhi Calls for Probe into SEBI Chief’s Adani Links

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