Anti-corruption ombudsman Lokpal has said that a complaint by a Lok Sabha MP alleging impropriety and conflict of interest by capital markets regulator SEBI's chairperson, Madhabi Puri Buch "falls short" of persuading it to order any probe. While deciding on two complaints filed by different individuals on the basis of a report by US-based "activist short-seller" Hindenburg Research, it asked the complainants to file affidavits mentioning details of the efforts made by them "to verify the authenticity and credibility of the claims in the recent report of Hindenburg Research published on 10.08.2024." It also asked them to articulate the allegations against the "person concerned" which may constitute an "offence of corruption" within the ambit of the Prevention of Corruption Act, 1988, 'provision wise', as per the Lokpal's order dated September 20, which was put up in public domain "to obviate the possibility of speculation and misinformation including politicisation of the ...
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.