Hindenburg alleges Sebi head Madhabi Buch had stakes in obscure offshore funds used in Adani scandal

Hindenburg Research has accused Madhabi Buch, the chairperson of India's Securities and Exchange Board of India (SEBI), and her husband of having stakes in obscure offshore funds linked to the Adani money siphoning scandal. The short-seller claims that despite its previous report exposing alleged financial misconduct by the Adani Group, SEBI has shown a lack of interest in investigating these offshore entities.
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