Hundreds of employees of the Securities and Exchange Board of India (SEBI) protested against the top management today, Thursday morning. Employees allege that the top management puts pressure on work. Employees are demanding the resignation of SEBI Chief Madhabi Puri Buch. Last month, SEBI employees had written a letter to the Finance Ministry in this matter and expressed concern over the toxic work culture. Employees accused the leadership of using harsh language, setting unrealistic targets and micromanagement. SEBI had said – Employees are creating stories of toxic work culture After the allegations surfaced, on Wednesday (September 4), SEBI issued a statement saying that external elements are misleading the employees. SEBI said, some employees are trying to get the organization to agree to anything by fueling the story of negative work environment. ZEE founder had accused SEBI Chief of corruption On Tuesday (September 3), ZEE founder Subhash Chandra accused SEBI Chairperson Madhabi Puri Buch of favoritism, corruption and unethical behavior. He said, 'I believe that SEBI Chairperson is corrupt, because before taking office in SEBI, the combined income of Buch and her husband was around Rs 1 crore per year, which has now increased to Rs 40-50 crore per year. Congress accused SEBI of taking salary from three places Earlier on Monday, the Congress party also accused SEBI of taking salary from three places including ICICI Bank while being associated with SEBI. Congress spokesperson Pawan Khera said, 'Madhabi Puri Buch was a full-time member in SEBI from April 5, 2017 to October 4, 2021. Then on March 2, 2022, Madhabi Puri Buch became the chairperson of SEBI. PM Modi and Amit Shah are included in the cabinet that appoints the chairperson of SEBI. ' On the other hand, ICICI denied the allegations and said, 'After retiring from the bank, Madhavi was not given any salary or employee stock option. She only took retirement benefits. ' Read this news too… SEBI chief accused of taking benefits from 3 places: Congress said – took ₹ 16.80 crore salary from ICICI; Bank said – only took retirement benefits Security and Exchange Board of India (SEBI) chief Madhabi Puri Buch is on the target of Congress. Congress spokesperson Pawan Khera held a press conference on Monday and accused Madhavi of taking salary from 3 places including ICICI Bank while being associated with SEBI. Click here to read the full news… Hindenburg's new report, allegations on SEBI chief: Madhabi Puri Buch had a stake in offshore entities linked to Adani Group Hindenburg Research, a firm known for its reports on Adani Group, has made allegations against Security Exchange Board of India (Sebi) chief Madhabi Puri Buch. In its new report, US short-selling firm Hindenburg has claimed that the SEBI chief had stakes in shadowy offshore entities used in the money laundering scandal through the Adani Group. b Read full news… Buch said – Investment was made before joining SEBI: Hindenburg is doing character assassination instead of responding to the show cause notice. On the allegations of Hindenburg, the SEBI chairperson has said that she had taken the fund mentioned in the allegations in 2015. She had no connection with SEBI then. On the allegations of Hindenburg, Madhabi Puri Buch and her husband Dhawal Buch issued a statement on Sunday (August 11) denying the allegations. Buch said that he had made this investment about 2 years before joining SEBI. Read the full news… Hindenburg said- SEBI chief accepted the allegations in clarification: It is clear that his investment in foreign fund, Adani's brother increased the share price with this American short seller Hindenburg said that SEBI Chairperson Madhabi Buch has accepted many things while reacting to our report, which has raised many new questions. Read the full news…
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SEBI employees protest against top management: Accusation of work pressure, demand for resignation of SEBI chief Buch
