SEBI Chairperson Madhabi Buch and her husband have drawn sharp political reactions from the opposition parties.
Reacting to the Hindenburg report, Samajwadi Party spokesperson Ghanshyam Tiwari on Sunday lashed out at the Modi government and said that the tenure of PM Modi will be known for 'Adani-waad'.
«The whole world witnessed a different session with different ideologies but the term of PM Modi will be known as 'Adani-waad'. In this Adani-waad, they captured the whole economic system of India in such a way that Gautam Ad(Adani Group) could benefit, it looks like this is the only motive of PM Modi,» he said.
Referring to the Hindenburg Report alleging SEBI chief Madhabi Buch and her husband's stakes in «both the obscure offshore entities used in the Adani money siphoning scandal», Tiwari stated, «Hindenburg's report regarding the SEBI chief has triggered the integrity of the market regulator. Hindenburg alleged that SEBI is not investigating properly. Questions are being raised on the Adani Group continuously by the opposition. Anybody with a basic investigation can simply question how the Adani Group with different allegations of corruption, whether it is a coal scam or power, through the medium of offshoring, invested in the share markets. SEBI whose duty was to investigate and find out the criminals was deviating from the core issues.»
Aam Aadmi Party MP Sanjay Singh alleged that the Modi government is steeped in corruption and is trying to save «their friend Adani».
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