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'Set Of Innuendos': BJP Blames Oppn For Creating 'Instability' Amid Hindenburg Report Against SEBI Chief

Hindenburg has alleged in its report of SEBI chief Madhabu Puri Buch and her husband Dhaval Buch of having stakes in offshore funds linked to the Adani Group's alleged money siphoning scandal. 

Bharatiya Janata Party blamed Congress and the Opposition on Sunday for creating "instability" during the Parliament session amid the Hindenburg report against Securities Exchange Board of India chief Madhabi Puri Buch and her husband Dhaval Buch. 

The US short-seller, Hindenburg Research has alleged the Buchs of having stakes in offshore funds linked to the Adani Group's alleged money siphoning scandal. 

BJP MP Sudhanshu Trivedi routed the criticism towards Congress and opposition parties saying they released a report by a foreign agency ahead of the Parliament session to create instability during the sessions. The earlier Hindenburg report against Adani Group had come in January last year and the issue was raked up by the Opposition during the following budget session. 

ALSO READ: SEBI Chief Madhabi Buch, Husband Deny Hindenburg Allegations. Here's What They Said

Trivedi also referred to the BBC documentary 'India: The Modi Questions' which had also caused much furore in the country. 

"All these sequences happen during the Parliament session... The opposition has such connections with the abroad to create instability and anarchy during every Parliament session of India," said the BJP MP. 

"They want to create economic chaos in India through confusion...Now they are attacking SEBI. Why does Congress always stand with foreign companies for the past 30-40 years," he added. 

BJP leader and former Union Minister Rajeev Chandrasekhar called the report a "set of innuendos and guesswork that is being tied together with a few grains of truth." 

ALSO READ: Hindenburg Expose: SEBI Chair’s Indian Consulting Firm Earned Way More Money Than Her Disclosed Salary, Says Report

Blaming Congress, the BJP leader said that there seems a pattern that the grand old party has adopted a strategy of politics of lies and is now "seeking foreign help to destabilize our financial system." 

"India's financial system today is the strongest in the world...Indian banks are strong. Indian financial sector has been rebuilt over the last ten years by PM Modi," he said. 

"There seems to be a pattern where the Congress over the last ten years has adopted a strategy of politics of lies and is now seeking foreign help to destabilise our financial system and to create chaos in the country by attacking the independent regulator SEBI and by casting aspersions on the chairman of SEBI," he alleged. 

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