Explained: Hindenburg Claims Madhabi Buch Had Stake In Adani-Linked Funds | Will SEBI Chief Quit? A new report by U.S-based short seller Hindenburg has claimed that SEBI Chief Madhabi Buch had a stake in obscure offshore entities used in the “Adani money siphoning scandal”. Madhabi Buch, her husband Dhaval and the Adani group have rubbished all allegations. Hindenburg’s new report comes 18 months after the short-seller accused Adani Group of the “largest con in corporate history.” Amid the allegations, the clamour for Buch to resign has grown.
Senior Correspondent Shubham Chohan explains the full story.
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