SEBI Chief Accused of Dual Salary, ₹16.8 Crore Benefits from ICICI

Sep 2, 2024, 07:46 AM

Congress leader Pawan Khera has accused SEBI Chief Madhabi Puri Buch of receiving remuneration from ICICI Bank and ICICI Prudential while serving as a whole-time member of the Securities and Exchange Board of India (SEBI). Khera claims that Buch drew a salary from ICICI Bank from 2017 to 2024, alongside her government salary. The Congress alleges that Buch's actions represent a conflict of interest, as she held an office of profit at ICICI Bank, receiving ₹16.8 crore in benefits. These allegations have raised concerns about potential irregularities in Buch's financial dealings.