G07-Corporate Governance

Adani Group Got Massive Benefit From Bank And Another Disclosure On SEBI Chief https://www.youtube.com/watch?v=_5yeohnl2Qw  Sep 6, 2024  All India Bank Employees Association has revealed from publicly available data that public sector banks had claimed Rs 62000 crores under the Insolvency and Bankruptcy Code on 10 financially stressed companies. Adani Group bought these ten companies for only Rs 16000 crores. That is, banks have benefited Adani Group by thousands of crores for these ten companies. Along with this, Pawan Khera from Congress has made another revelation on SEBI's Madhavi Puri Buch. According to this revelation, Madhavi Puri Buch was also investigating the company from which she collected more than 2 crores as rent on one of her personal properties as the chairperson of SEBI. According to Congress, this becomes a case of conflict of interest. It becomes a case of possibilities of corruption.