Lokpal Clears Former SEBI Chief Madhabi Puri Buch of Allegations

The Lokpal dismissed corruption allegations against Madhabi Puri Buch, former SEBI chief, affirming no legal violations in her conduct amid high-profile accusations.

Why This Matters

Such clearance in high-stakes regulatory bodies like SEBI affects economic transparency and governance, frequently discussed in public forums and social discussions.

Public Sentiment Summary

Public opinion on the clearance of Madhabi Puri Buch is predominantly negative, with strong distrust towards her actions as SEBI Chief. Despite Lokpal's exoneration, many people feel her tenure was marked by corruption and a preference for elite interests over retail investors. There's an underlying disappointment in regulatory structures, with some comparisons to other exonerated leaders potentially mitigating the overall negativity slightly.

Highlighted Comments

Great news. Over regulation is disastrous

She doesn't have any relationship with any big industrialist. /s

Every worst time has an end, worst SEBI chief

hope someone not as terribly corrupt as her takes up that role

My exact one word feedback CHOR

She's made crore by looting retailers

The 56 inch tongue was definitely protecting her

Good riddance

Thanks for leaving.... šŸ¤™ Nd giving hopes to retail traders

Nominee for White Chit Awards 2025!

This reminds me of what our late ex-PM MMS said "History would be more kind to me". I believe the same for Madhabi.

problem is we have to dismantle our own deep state.

How do they rise so high before getting caught?

5.3 million dollar home and bought a Ferrari. Her husband runs a liquor store.

Parties Involved

  • Madhabi Puri Buch
  • SEBI
  • Lokpal

What the people want

Madhabi Puri Buch: The public harbors deep distrust towards you, perceiving your tenure as corrupt and in favor of powerful interests. Address these concerns, rebuild trust, and clarify any misconceptions about your actions.

SEBI: The public perceives your institution as serving elite interests over common investors. Strive to restore confidence through transparency and accountability.

Lokpal: Your exoneration of Madhabi Puri Buch has not alleviated public suspicion of corruption. You must ensure future decisions bolster public trust in governance.