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1Clear out junk files and repair common Windows errors2Scan for outdated or missing drivers - takes under a minute3Repair Windows errors before they cause bigger problemsCongress accused the Centre of trying to shield Securities and Exchange Board of India (SEBI) chair Madhabi Puri Buch from accountability after she missed a parliamentary committee meeting where she was expected to answer questions about conflict-of-interest allegations. The accusation was made by Congress leaders; Scroll’s report did not establish that the Centre protected Buch or that a conspiracy existed.
What prompted Congress’s accusation?
Scroll reported on October 27, 2024, that Congress made the accusation the previous day, two days after Buch did not attend a Public Accounts Committee (PAC) meeting. According to the report, the PAC meeting was expected to address conflict-of-interest allegations made against her in August in connection with alleged financial misconduct by the Adani Group.
Buch cited personal exigencies as the reason for her absence, Scroll reported. Her absence was the immediate trigger for Congress’s claims about protection and accountability.
What did Congress allege?
Pawan Khera’s claim
Congress media and publicity chief Pawan Khera questioned why Buch was “reluctant to answer questions” before the PAC. He asked: “Who is behind the plan to protect her from being answerable to the PAC?” Khera alleged that a conspiracy could put the savings of small and medium investors at risk and benefit Gautam Adani. These were his allegations, as reported by Scroll, not verified findings.
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Rahul Gandhi’s claim
Scroll also reported that Rahul Gandhi said Congress would disclose information about an alleged syndicate seeking to protect Buch from answering PAC questions. He called for her resignation as SEBI chief and an investigation into alleged irregularities related to Adani. The report did not establish that the alleged syndicate existed.
What were the underlying allegations, and how did the Buchs respond?
Scroll said Hindenburg Research alleged in August that Madhabi and Dhaval Buch held undisclosed stakes in offshore entities connected to alleged Adani stock-price manipulation and money laundering. The Buchs denied the allegations, according to Scroll. The report describes claims and denials; it does not independently establish that the alleged conduct occurred.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What is established—and what is not?
- Reported procedural facts: Buch missed the PAC meeting, and she cited personal exigencies, according to Scroll.
- Political allegations: Khera and Gandhi alleged efforts to shield Buch and described a conspiracy or syndicate. The cited report does not verify those claims.
- Underlying claims: Hindenburg Research made allegations concerning the Buchs and offshore entities; Scroll reported that the Buchs denied them.
Scroll’s October 27, 2024 account is a report on the statements and events, not an independent adjudication of the allegations. It does not establish their merits or provide later official findings.
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