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Will SEBI chairperson Madhabi Buch resign by end of 2024?
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Hindenburg Research•India•SEBI•Adani Group•Madhabi Buch•Congress•Joint Parliamentary Committee•JPC•Adani mega scam•Bhopal
Resolution / Starting Odds
Yes • 50%
No • 50%
Official resignation announcement or verified news sources
Story
Congress Demands JPC Probe into Adani Allegations, Cites Hindenburg Report
Aug 22, 2024, 06:17 AM
Hindenburg Research has accused India's securities regulator, SEBI, of limiting its response to allegations against the Adani Group due to conflicts of interest involving its chairwoman, Madhabi Buch. The Congress party has intensified its demands for a Joint Parliamentary Committee (JPC) probe into the allegations, organizing nationwide protests and press conferences. The party is also calling for the resignation of SEBI's chairperson, citing a loss of trust in the regulator. Allegations against the Adani Group include stock manipulation, overvaluation, and money laundering. Congress leaders argue that these issues could severely impact investor confidence in India. The protests, referred to as the Adani mega scam, have highlighted Madhabi Buch's connections and included demonstrations in Bhopal.
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Yes • 50%
No • 50%
Joins another financial institution • 25%
Retires from public life • 25%
Takes a government position • 25%
Becomes a consultant • 25%
Yes • 50%
No • 50%
Found guilty • 25%
Cleared of charges • 25%
Resigns before verdict • 25%
Investigation ongoing • 25%
Denies allegations • 25%
Admits and justifies • 25%
Admits and apologizes • 25%
Remains silent • 25%
Yes • 50%
No • 50%
No action taken • 25%
Internal review conducted • 25%
Formal investigation launched • 25%
Resignation or dismissal • 25%