Whistleblower Documents Reveal SEBI’s Chairperson Had Stake In Obscure Offshore Entities Used In Adani Money Siphoning Scandal

Whistleblower documents show SEBI Chairperson Madhabi Buch and her husband had stakes in offshore funds used in the Adani money siphoning scandal.
SEBI has shown a surprising lack of interest in Adani’s alleged undisclosed web of Mauritius and offshore shell entities despite overwhelming evidence.
SEBI sent a 'show cause' notice to the whistleblowers, questioning the disclosure around their short position rather than addressing the allegations against Adani.
Madhabi Buch and her husband moved their assets out of her name ahead of her politically sensitive appointment as SEBI Chairperson.
SEBI has taken no action against other suspect Adani shareholders operated by India Infoline, raising questions about the regulator's objectivity.

Source: https://hindenburgresearch.com/sebi-chairperson/

10mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

JazzyBoba

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Market doesn't generally fall twice due to the same reason. But this time, SEBI is involved. Let's see. Will be interesting.

PrancingPotato

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Fluff piece

PeppyBanana

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The game is corrupt from the top.

BouncyRaccoon

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Means nothing to the market. Hindenburg has lost all credibility plus the lack of substance. Stupid sensationalism!

GoofyQuokka

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Holy Fuck

GoofyUnicorn

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OMG !

TwirlyUnicorn

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PerkyPickle

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I don't trust a single thing said by this short selling company.

WobblyBiscuit

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Heidelberg is itself and ambiguous entity which is used to manipulate market so that their keen can make profits out of it. Basically it is toolkit for manipulation of market.