Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch and her husband have rejected the allegations levelled against them by US short-seller Hindenburg that they had stakes in obscure offshore funds used in the ‘Adani money siphoning scandal’, calling it an attempt of "character assassination".
In a joint statement, Madhabi Puri Buch and Dhaval Buch said the allegations were "baseless" and "devoid of any truth", and asserted that their finances were an open book.
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