Cong levels fresh conflict of interest allegations against SEBI chief, asks PM to come clean on her appointment
Cong levels fresh conflict of interest allegations against SEBI chief, asks PM to come clean on her appointment
NEW DELHI: The Congress on Monday levelled fresh conflict of interest allegations against SEBI Chairperson Madhabi Buch and asked Prime Minister Narendra Modi to come clean as the head of the appointments committee of the cabinet on her appointment.
At a press conference, the Congress alleged that since the current SEBI chairperson took office in 2017, she has not only been drawing a salary from SEBI but has also been holding an office of profit at the ICICI Bank, continuing to receive income from them to this very day.
Congress general secretary in-charge communications Jairam Ramesh said serious questions have been raised over the conflict of interest of the SEBI chairperson in the regulatory body's Supreme Court-mandated investigations into violations of securities laws by the Adani Group.
