Business: Hindenburg Research-SEBI chief Madhavi Puri Buch controversy continues. Hindenburg has challenged Buch to prove his innocence by revealing the details of the clients of two consulting firms Aghora Advisory Limited (India) and Aghora Partners Singapore established in India and Singapore before our allegations against the SEBI chief are proved absolutely true. It is being said that if these details are disclosed, then their reality will be revealed. It is being said that the SEBI chief still holds 99 to 100 per cent shares in these two consulting firms.
Confessed himself:
In a statement issued by Buch on Sunday, Hindenburg reminded that he himself has admitted to investing in secret funds in Mauritius and Bermuda. Hindenburg once again said that Vinod Adani, brother of Adani Group chief Gautam Adani, has also made illegal investments in these funds. It is through these funds that the Adani Group is allegedly stealing shares of listed companies. Buch said that the statement issued by the couple raises more important questions. He challenged the SEBI chief to be ready for a completely transparent investigation if the whole truth is to be revealed. Nothing new to say: The Union Finance Ministry is silent on the allegations leveled against Hindenburg Company, SEBI chief Madhavi. Union Economic Affairs Secretary Ajay Seth said that since Madhavi Puri Buch and SEBI have already given their clarification on this, he has nothing new to say in this matter.
