Congress Party accused Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch of not only trading in listed securities at a sum of ₹36.9 crore while at SEBI but also investing in Chinese funds, reported the news portal CNBC TV-18, quoting the Congress spokesperson Pawan Khera on Saturday, September 14.
The move from the opposition party comes as the latest development amongst the earlier claims against SEBI Chief Buch, accusing her of impropriety, as per the report.
The spokesperson, while addressing a press conference, talked about the transactions taking place between 2017 and 2023, when Buch was a Whole-time Member of SEBI and then its Chairperson, said the report.
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“These transactions are a violation of Section 6 of SEBI Code on Conflict of Interest for Members of…