Madhabi Puri Buch, the first female chairperson of SEBI, faces serious allegations from Hindenburg Research, claiming her involvement in offshore entities tied to the Adani Group's alleged money siphoning. The report suggests Buch and her husband, Dhawal Buch, held accounts in funds linked to Adani's offshore activities. This controversy casts a shadow over Buch’s otherwise illustrious career in finance, marked by her pioneering role at SEBI and her extensive contributions to India’s financial sector.
