Congress Leader Pawan Khera
New Delhi: Congress leader Pawan Khera on Monday accused Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch of receiving salaries from private entities, specifically ICICI Bank and ICICI Prudential, during her tenure.
At a press conference, Khera raised concerns over potential irregularities, claiming that Buch continued to draw income from these institutions while serving in her official capacity. He further alleged that several investigations involving ICICI Bank were resolved during this period, implying a conflict of interest.
Khera urged the SEBI Chairperson to clarify her position, accusing her of relaxing norms for ICICI Bank. He also criticised Prime Minister Narendra Modi and Home Minister Amit Shah, highlighting their roles in the Appointments Committee of the Cabinet, responsible for appointing SEBI’s Chairperson. “Between 2017 and 2014, Madhabi Buch received regular income amounting to Rs 16 crore 80 lakhs from ICICI Bank while serving as a full-time SEBI member,” Khera claimed, questioning the appropriateness of such payments.
