Pawan Khera, a Congress leader, has expressed concerns about the appointment of Madhabi Puri Buch as the Chairperson of SEBI. He believes there may be a conflict of interest due to Buch receiving a significant income of Rs 16 crore 80 lakhs from ICICI Bank while serving as a full-time member of SEBI from 2014 to 2017.
Khera emphasizes the importance of SEBI in regulating the stock market, where people invest their hard-earned money. The appointment of the SEBI Chairperson is determined by the Appointments Committee of the Cabinet, which includes the Prime Minister and the Union Home Minister, Amit Shah. This committee consists of two members responsible for appointing the SEBI Chairperson. Khera questions why Buch, as a full-time member of SEBI, was receiving a salary from ICICI Bank during her tenure from 2014 to 2017.
#sebi #congress #madhabipuribuch #pawankhera #sebichief #etnow #topnews
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