By the way, it has been said on social media for a long time that whenever anyone is attacking SEBI chief Madhavi Puri Buch, BJP spokespersons are coming forward to answer. So, investigation of this relationship is already going on that what is it that BJP has to make so much effort to save the SEBI chief. If the government or the ruling party has no interest, then the SEBI chief should have been removed and an independent investigation should have been announced long ago in all the allegations made against him. He was accused of investing in the company which invested in the Adani Group and which was investigated by SEBI. He was accused of taking money from ICICI Bank while he was in SEBI and now the case of taking crores of rupees from Mahindra & Mahindra has come to light.
Despite this, there is no possibility of an independent investigation by removing him. On the contrary, all measures are being tried to save him. For example, in the meeting of the Public Accounts Committee or PAC of Parliament, it was said recently that the SEBI chief will be called in PAC to investigate the responsibilities of SEBI. BJP MPs got angry at this. BJP MP Nishikant Dubey said that it is the job of CAG to report on the functioning of SEBI and only that report can be discussed in PAC. PAC cannot directly investigate the SEBI chief. It may be that this is what happens as per the rules, but when such big allegations have been leveled against such a big officer of a financial institution, then the emphasis should be on proving the honesty of that person and the institution and not on trying to cover up by stopping the investigation on the basis of policies.