Why did Mahua Moitra lodge a complaint with Lokpal against the SEBI chief
Mahua Moitra files complaint with Lokpal against SEBI chief for alleged misconduct
- Mahua Moitra, a Member of Parliament, lodged a complaint with Lokpal against the SEBI chief for alleged misconduct.
- She accused SEBI chief of bypassing established procedures and granting preferential treatment to certain entities.
- Moitra claimed that the SEBI chief's actions led to a potential scam worth thousands of crores.
- The complaint highlighted the lack of transparency in decision-making at the Securities and Exchange Board of India (SEBI).
- Moitra further alleged that the SEBI chief ignored conflict of interest issues and failed to protect the interests of retail investors.
- The complaint seeks an investigation into the matter by the anti-corruption ombudsman.
Answered
7 months ago