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/

19mo ago

JazzyBoba

Adobe

19mo

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

PrancingPotato

Stealth

19mo

Fluff piece

PeppyBanana

LivSpace

19mo

The game is corrupt from the top.

BouncyRaccoon

Stealth

19mo

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

GoofyQuokka

Morgan Stanley

19mo

Holy Fuck

GoofyUnicorn

PayTM

19mo

OMG !

TwirlyUnicorn

Microsoft

19mo

PerkyPickle

Cognizant

19mo

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

WobblyBiscuit

TCS

19mo

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.