Tue Sep 03 12:26:37 UTC 2024: – Congress accuses SEBI Chairperson Madhabi Puri Buch of drawing a salary from ICICI Bank while serving as a full-time member of the market regulator in 2017
– Congress alleges Buch received ₹16.80 crore from ICICI Bank between 2017 and 2024, violating SEBI’s conflict of interest regulations
– ICICI Bank denies the allegations, stating Buch had not received any salary or ESOPs post-retirement
– Congress demands Buch’s immediate dismissal and calls for a Joint Parliamentary Committee (JPC) to investigate the charges
– Congress criticizes the Prime Minister for appointing Buch without due diligence, claiming it has tarnished SEBI’s reputation.

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