Can’t take MP’s complaint against Sebi chief: Lokpal

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

By :  Bizz Buzz
Update:2024-09-23 10:09 IST

New Delhi: 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 August 10, 2024. 

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