Hindenburg vs SEBI Chief: Credibility crisis staring at SEBI Chief? | World Business Watch | WION

all right the ongoing Hindenburg controversy cost a shadow cast a shadow over sebi Chief mad Buri p and her credibility particularly the accusation of conflicts of interests while holding the post of head of sebbi however former sebi Chief m dudan in a media television interview referring to Butch and The Regulators response to the allegation said on the basis of the information I have I have no major problem however the clamor for an independent probe is growing dasar Kumar an advocate of the Supreme Court of India from a legal Viewpoint suggested that she should provide detailed documentation of her financial dealings and Investments to establish their legitimacy and disassociate them from her role at sebbi Kumar noted additionally but should engage legal council to address any po potential conflicts of interests and to navigate these allegations effectively he added that sebbi must conduct an independent review of the claims to maintain The Regulators credibility and uphold Market integrity razi a partner at court jurist told a media house and I'm quoting but should ensure that all the Investments are scrutinized for legitimacy and in the event any evidences brought to light strict action should be taken RIS added sebi should remember that its role is to protect the Integrity of the market and this includes tackling any misuse of shell entities on what the government should do next Kunal Sharma a partner at singan and Company told a media house that the government May set up an independent inquiry Commission and Mak excuse mad Buri P from and and participation in the same he added that the government should also take cognizance of the issue and irrespective of the outcome of the present issue evolve the present set of regulations to prevent such conflicts of interest issues especially in the appointment of people in regulatory bodies for latest news download the Von app And subscribe to our YouTube channel

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