SEBI Chief Madhabi Puri Buch Skips PAC Meeting Amid Allegations

Madhabi Puri Buch cites personal emergency for her absence from the parliamentary panel reviewing SEBI's performance and allegations of misconduct.

The Public Accounts Committee (PAC) meeting was postponed after SEBI Chief Madhabi Puri Buch informed the panel she could not attend due to a personal emergency.
Congress leader Rahul Gandhi criticized Buch's absence, questioning if there is a deliberate effort to shield her from accountability.
The PAC intended to review SEBI's performance and address allegations from Hindenburg Research about Buch's alleged ties to the Adani Group.
Despite requests from SEBI for an exemption, the PAC had insisted on Buch's presence to discuss regulatory performance and related allegations.
The accusations against Buch include potential conflicts of interest and financial ties to offshore funds linked to the Adani Group, which she and her husband have denied.