[India] - Parliament's Public Accounts Committee most likely to summon Sebi chief Buch

INSUBCONTINENT EXCLUSIVE:
Updated : Sep 06 2024 | 8:35 AM IST The Public Accounts Committee (PAC) of Parliament is set to investigate allegations against Securities
and Exchange Board of India (Sebi) chief Madhabi Puri Buch and is likely to summon her later this month. The PAC has included the
of this, the committee will probe the allegations against the Sebi chief and also ask her and other officials from the ministries of finance
and corporate affairs to appear before the committee
basis, as mentioned in the Lok Sabha bulletin issued on September 2, following the last committee meeting
The committee is empowered to summon officials, which it will do in subsequent meetings. The next meeting of the committee is scheduled
for September 10
The Congress has also questioned payments made to Buch by ICICI Bank, her former employer, alleging that she held an office of profit and
received income from the bank while drawing a salary from Sebi. Zee founder Subhash Chandra has accused her of corrupt practices
the Lok Sabha and seven from the Rajya Sabha
Amar Singh, Jai Parkash, C M Ramesh; Aparajita Sarangi; Ashok Chavan; and Trinamool Congress leaders Saugata Roy and Sukhendu Shekhar
It selects audit paragraphs from various reports of the Comptroller and Auditor General (CAG) for in-depth examination and also takes up suo
motu subjects for scrutiny throughout the year.First Published: Sep 06 2024 | 8:35 AMIST