Congress also highlighted that Buch had ties to Predible Health Private Limited, retaining equity even after becoming a SEBI member. They noted that Jacesa Investments Limited, which invested in Predible Health, appears in offshore leaks from the Paradise Papers.

During a press conference, Congress spokesperson Pawan Khera further accused Ananth Narayan Gopalkrishnan, a SEBI member since October 2022, of renting his property to a stockbroker affiliated with a regulated brokerage firm, receiving significant rental income. Khera stressed that these actions potentially violate SEBI's Code on Conflict of Interest.

Gandhi criticized the Adani Group’s business practices, alleging that the company's profits stem from rebranding foreign-made weapons while neglecting essential funds meant for military training and welfare. He called this a betrayal of national security and emphasized concerns over regulatory capture and the erosion of institutional integrity in favor of corporate interests.

Khera recapped previous allegations against Buch and Gopalkrishnan, pressing for transparency and accountability. He questioned why Buch engaged in business relationships with entities under SEBI’s watch and why Gopalkrishnan maintained financial ties with market participants he regulates.

The Congress party is adamant about uncovering what they describe as a dangerous nexus and demanding clear answers regarding the integrity of regulatory bodies in India.

Congress also highlighted that Buch had ties to Predible Health Private Limited, retaining equity even after becoming a SEBI member. They noted that Jacesa Investments Limited, which invested in Predible Health, appears in offshore leaks from the Paradise Papers.

During a press conference, Congress spokesperson Pawan Khera further accused Ananth Narayan Gopalkrishnan, a SEBI member since October 2022, of renting his property to a stockbroker affiliated with a regulated brokerage firm, receiving significant rental income. Khera stressed that these actions potentially violate SEBI's Code on Conflict of Interest.

Gandhi criticized the Adani Group’s business practices, alleging that the company's profits stem from rebranding foreign-made weapons while neglecting essential funds meant for military training and welfare. He called this a betrayal of national security and emphasized concerns over regulatory capture and the erosion of institutional integrity in favor of corporate interests.

Khera recapped previous allegations against Buch and Gopalkrishnan, pressing for transparency and accountability. He questioned why Buch engaged in business relationships with entities under SEBI’s watch and why Gopalkrishnan maintained financial ties with market participants he regulates.

The Congress party is adamant about uncovering what they describe as a dangerous nexus and demanding clear answers regarding the integrity of regulatory bodies in India.