In a dramatic escalation of his critique, Rahul Gandhi has accused SEBI of severe corruption following revelations by Hindenburg Research. The Congress leader claimed that the integrity of the Securities and Exchange Board of India (SEBI) has been "gravely compromised" by allegations involving SEBI Chairperson Madhabi Puri Buch and her husband. Hindenburg’s report alleges ties between Buch and offshore funds linked to the Adani Group’s controversial activities. Gandhi's accusations intensify the scrutiny on SEBI and the broader implications for India’s financial oversight, raising urgent questions about accountability and transparency.
#RahulGandhi #SEBI #Corruption #HindenburgReport #MadhabiBuch #AdaniScandal #FinancialIntegrity #RegulatoryOversight #IndiaPolitics #CongressParty #InvestorProtection #FinancialTransparency #MarketRegulation #PoliticalAccountability #PublicTrust
~HT.318~PR.274~GR.122~ED.141~
#RahulGandhi #SEBI #Corruption #HindenburgReport #MadhabiBuch #AdaniScandal #FinancialIntegrity #RegulatoryOversight #IndiaPolitics #CongressParty #InvestorProtection #FinancialTransparency #MarketRegulation #PoliticalAccountability #PublicTrust
~HT.318~PR.274~GR.122~ED.141~
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NewsTranscript
00:00A very serious allegation against the Adani group was illegal share ownership and price
00:17manipulation using offshore funds.
00:20Namaskar.
00:21Imagine you're watching a cricket match, international cricket match between India and Australia
00:27and every single person who's watching the match and those playing the match know that
00:33the umpire is compromised.
00:36What would happen to the match?
00:37What would happen to the fairness of the match?
00:40What would happen to the outcomes?
00:42How would you feel as somebody who's participating in the match?
00:47This is exactly what is happening in the Indian stock market.
00:50Over the last few years, larger and larger numbers of people have been investing in India's
00:55stock market.
00:56They invest their hard-earned, honestly-earned savings in the stock market.
01:01And it is my duty as leader of the opposition to bring to your notice that there is a significant
01:06risk in the Indian stock market because the institution that governs the stock market
01:12is compromised.
01:13Now I'm going to explain to you exactly how and why it is compromised.
01:18A very serious allegation against the Adani group was illegal share ownership and price
01:24manipulation using offshore funds.
01:27It has now emerged that SEBI chairwoman Madhavi Pooch and her husband had an interest in one
01:36of those funds.
01:37This is an explosive allegation because it alleges that the umpire herself is compromised.
01:45The savings of millions of Indians, hard-earned, honestly-earned savings are at risk.
01:52It is therefore imperative that this matter is investigated.
01:57Retail investors, honest investors, pensioners have three questions.
02:00The first, why has chairperson Madhavi Pooch not resigned?
02:05Second, God forbid something were to go wrong and investors were to lose their money.
02:11Who is responsible?
02:12Is the Prime Minister of India responsible?
02:14Is Madhavi Pooch responsible?
02:16Or is Mr. Adani responsible?
02:18And finally, the Supreme Court has been looking at this matter.
02:23New allegations have emerged, very serious explosive allegations have emerged.
02:28Is the Supreme Court going to look at this matter suo moto again?
02:31Slowly becoming crystal clear why Prime Minister Modi is against a joint parliamentary committee
02:37looking into this matter.
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