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PAC summons Sebi chief Madhabi Puri Buch

By IndianMandarins- 05 Oct 2024
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New Delhi (05.10.2024): The Public Accounts Committee (PAC) has summoned Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and other officials to appear before it on October 24.

PAC is headed by Congress leader K C Venugopal and has members from both ruling NDA and the Opposition. The SEBI officials have been asked to appear for recording evidence on the overall performance of the regulatory body, the PAC may ask questions related to allegations levelled against Buch by Hindenburg Research ReportThe PAC may query on allegations pertaining to Buch and her husband Dhaval Buch having stake in obscure offshore entities.

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