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Minister: Buchs putting out ‘facts’ contradicting Cong’s allegations

Finance Minister Nirmala Sitharaman on Monday said SEBI chairperson Madhabi Puri Buch and her husband Dhaval Buch were defending themselves and putting out facts that contradict the allegations of the Congress. - File photo

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Finance Minister Nirmala Sitharaman on Monday said SEBI chairperson Madhabi Puri Buch and her husband Dhaval Buch were defending themselves and putting out facts that contradict the allegations of the Congress.

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To a question on her assessment of the situation involving Madhabi Puri Buch, the minister said: "Quite a few of the allegations have been answered... I think the facts will have to be taken on board." This is for the first time that Sitharaman has spoken on the issue.

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On being asked whether she was satisfied with Madhabi Puri Buch's answers, Sitharaman said, “I and not here to judge that.”

In a joint statement issued last Friday, SEBI chairperson Madhabi Puri Buch and her husband Dhaval Buch had denied the allegations of impropriety and conflict of interest levelled by the Congress, saying they are false, malicious and motivated.

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