Cong Alleges SEBI Chief’s Conflict Of Interest Citing ‘Payments’ To Husband; Mahindra Dismisses
The Congress on Tuesday levelled serious allegations against SEBI Chairperson Madhabi Buch, claiming she had a 99 per cent stake in a consultancy firm that provided services to the Mahindra and Mahindra Group, while her husband, Dhaval Buch, received Rs 4.78 crore from the conglomerate. The party accused Buch of adjudicating cases related to the same group during this period.
Jairam Ramesh, Congress General Secretary in charge of communications, questioned whether Prime Minister Narendra Modi was aware of Buch's ownership of Agora Advisory Private Limited. He asked if the Prime Minister knew that Buch’s company was receiving substantial fees from listed entities, including Mahindra and Mahindra.
Here are our fresh set of revelations on the issue of conflicts of interest in which the ...