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- Rahul Gandhi Video Adani Bachao Syndicate Sebi Chief Madhabi Buch Controversy
New Delhi5 days ago
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In the 4 minute 39 second teaser, Pawan Kheda and Rahul Gandhi are seen discussing the issue of SEBI Chief and Adani.
Leader of Opposition in Lok Sabha Rahul Gandhi alleged that ‘Adani Bachao Syndicate’ is running in the country. There is talk in the corporate world that SEBI chief Madhabi Buch is blackmailing the government and the Prime Minister.
Rahul posted a 4 minute 39 second video clip (teaser) on his social media handle X on Monday, October 28. In this, he is talking about the alleged conflict of interest of SEBI chief Madhabi Buch in discussion with Pawan Kheda, head of media and publicity department of Congress.
Rahul said, institutional collapse has now given rise to a more dangerous form of nepotism, ‘Adani Bachao Syndicate’. The current government is no longer merely promoting monopolies, but is actively concentrating the country’s wealth in the hands of a few.
He said that the Madhabi massacre is deeper than what was thought. Buch, who is responsible for the protection of retail investors, may be manipulating the system to protect Adani’s interests.
This video of Rahul and Pawan Kheda was released on Monday.
First understand…why Congress is accusing Adani and SEBI Chief
On August 10, 2024, American company Hindenburg Research had claimed in its report that Securities Exchange Board of India (SEBI) chairperson Madhabi Buch and her husband Dhaval Buch have stake in an offshore company linked to Adani Group. Earlier in the report on January 24, 2023, Hindenburg had accused Gautam Adani of using offshore funds to increase the prices of the group’s shares.
Adani Group denied the allegations, but the matter had reached the Supreme Court. After this, investigation into the matter was handed over to SEBI. SEBI gave clean chit to Adani Group in the investigation. After this, Hindenburg claimed that Madhabi and her husband Dhaval Buch have stake in an offshore company linked to Adani Group.
Hindenburg’s new report, allegations against SEBI Chief…Read full news
Some pictures of the teaser…
SEBI Chairman’s role in maintaining the security of the stock market In the video, Kheda is seen explaining to Gandhi the various allegations of conflict of interest against Butch and the forces working behind them.
Sharing the video, the party said that the role of the SEBI chairman is to maintain the safety of the stock market and ensure that there is no risk to the investments of common Indians.
Butch was appointed to give clean chit to Adani He said when the chairman is involved in manipulating the market to benefit a single player like the Adani Group, everyone’s money is at risk. This is what is happening in the Madhabi Butch scam. He has been appointed to the post by the PM and the Home Minister to give a clean chit to Adani from the allegations of stock manipulation.
3 points of conversation between Kheda and Rahul…
1. Kheda said- Butch was dealing in shares of unlisted companies. Pawan Kheda told in the video on the basis of his investigation – A whistleblower has given me information and he told how she was dealing in shares of unlisted companies. She was doing this despite being the SEBI Chairman and it was quite strange.
2. Government gives money to Predible Health from startup fund, Butch is its founder. Kheda told Rahul – Some time ago you had raised a question in the Parliament that to whom the government has given funds in startups, one of the companies was Predible Health Private Limited. At present I am giving the example of the same that the government gives money to Predible Health from the startup fund. It is worth noting that the founder member of that company is Madhabi Buch. She takes money from startups and used to take Rs 16 crore from ICICI Bank.
3. Supreme Court SEBI Asked to form a committee, people close to Butch were included in it Kheda said to Rahul- Someone is saving Madhabi Puri Butch. She is scaring someone upstairs, that is why she is escaping. The whole matter goes to Adani and Hindenburg. Madhabi Puri Buch has included Narendra Modi and Amit Shah in the Appointments Committee of the Cabinet (ACC). Why are only they kept in lateral entry? When Hindenburg’s report came, we got a reply from him. After the Hindenburg report, the Supreme Court had asked SEBI to form a committee but people who were close to Adani and Madhabi Puri Buch were kept in it. He gave clean chit to Adani.
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Other news related to Madhabi Buch and Adani Group
SEBI could not come to Delhi due to personal emergency Chief: Public Accounts Committee meeting postponed, SEBI There was to be a review of the operations of
SEBI Chairperson Madhabi Puri did not attend the Public Accounts Committee (PAC) meeting on October 24 due to some ‘urgent reasons’. This was the second time Butch was asked to appear before the committee. This meeting, chaired by Congress leader KC Venugopal, was scheduled to review the operations of the market regulator (SEBI). The meeting was postponed after Buch and other SEBI officials were unavailable. Read the full news…
Congress’s new allegation against SEBI chairperson: Madhabi Buch’s investment in listed securities and foreign funds, this SEBI code violation
Congress spokesperson Pawan Kheda has once again made allegations against market regulator SEBI chairperson Madhabi Puri Buch. Pawan Kheda said that Madhabi Puri Buch has violated the SEBI code by investing in listed securities and foreign funds. Congress and some of its allies have also made similar allegations against Madhabi. Read the full news…
