Fri Sep 06 07:57:28 UTC 2024: 1. The Parliamentary Public Accounts Committee (PAC) will look into allegations against Sebi chief Madhabi Puri Buch and may summon her later this month.
2. The matter was added to the PAC’s agenda after several members demanded an inquiry at the panel’s first meeting on August 29.
3. The agenda item does not specify the regulator or name the chief, but is listed as “Performance review of regulatory bodies established by act of parliament.”
4. The inquiry stems from allegations against the Sebi chief related to conflict of interest in Sebi’s investigation into the Hindenburg Research allegations against Adani Group.
5. Sebi employees have made a written complaint to the finance ministry about a “toxic work culture” at the regulator, which has been refuted by Sebi.

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