SEBI chief Madhabi Puri Buch has now publicly confirmed her investment in an obscure Bermuda/ Mauritius fund structure, Hindenburg Research said, asking her to come clean on all the consulting clients her offshore Singaporean as well as Indian consulting firms dealt with.
Hindenburg in a series of posts on X said their response includes several important admissions and raised numerous new critical questions.
“Buch’s response now publicly confirms her investment in an obscure Bermuda/Mauritius fund structure, alongside money allegedly siphoned by Vinod Adani. She also confirmed the fund was run by a childhood friend of her husband, who at the time was an Adani director,” it said.
“SEBI was tasked with investigating investment funds relating to the Adani matter, which would include funds Ms Buch WAS PERSONALLY INVESTED IN and funds by the same sponsor which were specifically highlighted in our original report. This is obviously a massive conflict of interest,” Hindenburg said.
Bu hikaye Millennium Post Delhi dergisinin August 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Millennium Post Delhi dergisinin August 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Cabinet approves Kovind panel's 'One Nation, One Election' plan
Sources suggest the Law Commission may recommend simultaneous polls for the Lok Sabha, state Assemblies, and local bodies starting in 2029
Cabinet approves Chandrayaan-4, Venus Orbiter, space station plans
In a significant development for India's space programme, the Union Cabinet, led by Prime Minister Narendra Modi, approved a series of ambitious space missions on Wednesday.
Lebanon is rocked again by exploding devices, nine dead
A second wave of explosions rocked Beirut and multiple parts of Lebanon on Wednesday, targeting electronic devices including walkie-talkies and solar equipment, according to Hezbollah officials and state media.
Junior docs cease work 'to continue', state 'assures solution'
Docs' to decide on next action after receiving minutes from the Chief Secy
J&K polls: Voter turnout 59% as first phase passes off peacefully
The first phase of Assembly elections in Jammu and Kashmir witnessed a historic voter turnout on Wednesday, with approximately 59 per cent of eligible voters casting their ballots.
India abstains on UN vote for Israeli withdrawal from Palestine
India on Wednesday abstained in the UN General Assembly on a resolution that demanded that Israel bring an end, \"without delay\", to its unlawful presence in the Occupied Palestinian Territory within 12 months.
Floods in parts of Bengal 'man-made' crisis: Mamata
Chief Minister Mamata Banerjee blamed the Centre on Wednesday for the flood-like situation in some parts of South Bengal and said that the \"man-made\" crisis occurred due to relentless \"noncooperation\" and \"indifference\" by the Union government.
L-G proposes Sept 21 for Atishi's swearing-in
Lieutenant Governor V K Saxena has proposed September 21 for the swearingin ceremony of Chief Minister-designate Atishi, following Arvind Kejriwal’s resignation from the post.
PM-AASHA scheme extended; Rs 24.4K cr fertiliser subsidy approved
In a significant move aimed at supporting India's agricultural sector, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) with a financial outlay of Rs 35,000 crore.
University of Southampton commemorates plan to establish institute in Delhi-NCR
The University of Southampton celebrated the announcement of its new campus in India at a reception held at the British High Commissioner's Residence in New Delhi on Wednesday.
