Hindenburg claims Sebi chief had stake in offshore funds linked to Adani scandal
Hindenburg Research on Saturday claimed that whistleblower documents show Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch had a stake in the obscure offshore entities used in the “Adani money siphoning scandal”. “We had previously noted Adani’s total confidence in continuing to operate without the risk of serious regulatory intervention, suggesting that…