Congress levels fresh conflict of interest charges against Sebi chief Buch

Levelling more conflict of interest allegations against SEBI Chairperson Madhabi Buch, the Congress on Friday claimed that she received rental income from an entity affiliated with a company that the capital markets regulator was investigating for various cases, including that of insider trading.

Congress general secretary in-charge communications Jairam Ramesh said the question really had to be asked of Prime Minister Narendra Modi and no one else on how much more evidence was needed to show the collapse of transparency and integrity, as far as the capital markets regulator was concerned.

"By the NSE's data, there are now 10 crore Indians with unique PANs who have some form of investment in this market. Don't they deserve better? Why does he not move? What is he afraid of?" Ramesh said in a post on X.

The Congress' media and publicity department head Pawan Khera said that between 2018 and 2024, Buch -- as a whole-time member and later chairperson of the Securities and Exchange Boar