Delhi: Senior Congress leader Rahul Gandhi has taken a strong stance against Securities and Exchange Board of India (SEBI) Chairperson Madhabi Buch, accusing her of prioritizing the interests of Adani Group over the protection of small investors. In a recent social media video, Gandhi alleged that Buch has engaged in illegalities that not only inflate the value of Adani companies but also facilitate their expansion.
Gandhi asserted that the current Modi government is concentrating the country’s wealth in the hands of a few, claiming that systemic destruction is paving the way for hedge investors to operate in increasingly risky environments. He emphasized that it is the responsibility of the SEBI Chairperson to safeguard small investors from potential stock market fraud.
In his remarks, Gandhi questioned who is shielding Madhabi Buch from accountability, particularly given her conflicting interests. He pointed out that while Buch holds her position under the auspices of Prime Minister Modi and Home Minister Amit Shah, there seems to be a lack of focus from investigating agencies on her alleged irregularities. Gandhi expressed concern over the media’s silence on the issue and criticized the government for not taking action against her.
