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Adani terms Hindenburg allegations malicious, manipulative of selective public information

August 11, 2024
Corruption

New Delhi, Aug 11 (PTI) – Adani Group on Sunday termed US short-seller Hindenburg Research’s latest allegations as malicious and manipulative of select public information, saying it has no commercial relationship with SEBI chairperson or her husband. “The latest allegations by Hindenburg are malicious, mischievous and manipulative selections of publicly available information to arrive at pre-determined conclusions for personal profiteering with wanton disregard for facts and the law. “We completely reject these allegations against the Adani Group which are a recycling of discredited claims that have been thoroughly investigated, proven to be baseless and already dismissed by the Hon’ble Supreme

Integrity of SEBI questioned, JPC probe into Hindenburg a must: INDIA bloc targets govt on Hindenburg allegations

August 11, 2024
Corruption

New Delhi [India], August 11 (ANI): The allegations of the US Short seller Hindenburg against 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

SEBI chief Madhabi Buch, husband deny Hindenburg allegations as ‘baseless’

August 11, 2024
Corruption

New Delhi, Aug 11 (PTI) – Capital markets regulator Sebi Chairman Madhabi Puri Buch and her husband on Saturday denied allegations levelled against them by short seller Hindenburg as baseless and asserted that their finances are an open book. In a statement, Madhabi Puri Buch and Dhaval Buch also said it is unfortunate that Hindenburg Research against whom Sebi has taken an Enforcement action and issued a show cause notice has chosen to attempt character assassination in response to the same. US short-seller Hindenburg Research lslleged that Sebi chairperson Madhabi Puro Buch and her husband had stakes in obscure offshore

Hindenburg alleges India market regulator chief held stake in offshore funds used by Adani Group

August 11, 2024
Corruption

MUMBAI, Aug 11 (Reuters) – MUMBAI, Aug 10 (Reuters) – U.S. based short-seller Hindenburg Research in a new report released on Saturday alleged that the chairperson of India’s market regulator Madhabi Puri Buch previously held investments in certain offshore funds that were also used by Adani Group. In a late night press statement, Buch denied these allegations and called them baseless, adding that a detailed statement would be issued later. Hindenburg’s report sparked fresh criticism from India’s opposition political parties who demanded a parliamentary probe. Citing whistleblower documents, Hindenburg said Buch and her husband held stakes in an offshore fund

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