Hindenburg report not credible, Cong wants to destabilise financial system: Rajeev Chandrasekhar

Updated: Aug 11th, 2024

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Rajeev Chandrasekhar

Former Union Minister Rajeev Chandrasekhar today said that nothing in the new Hindenberg report is credible and the Congress party, over the last 10 years, has adopted a strategy of politics of lies and is now seeking foreign help to destabilise the country’s financial system.

He said that the report is meant to create chaos in the country by attacking the independent regulator SEBI (Securities and Exchange Board of India) and by casting aspersions on its Chairman.

“Let us be clear - this attack on @SEBI_India by a foreign bank Hindenburg, is an obvious partnership with the Congress and has an ominous motive and goal,” Chandrasekhar posted on X social media platform.

It aims to destabilise and discredit one of the world’s strongest financial systems and create chaos in the world’s fastest-growing economy, the former minister stressed.

The former Rajya Sabha member said that several global forces with the help of the “Congress dynasty want to slow down or trip up India’s rise. We won’t let them”.

He said that these are a set of innuendos and guesswork that are being tied together with a few grains of truth and there’s is a certain plan behind this latest report.

Notably, the investor research firm accused Madhabi Puri Buch and her husband of having stakes in Adani Group’s funds, the very firm SEBI was tasked to look into for market manipulation and insider trading.

(This story is taken from a syndicated feed and was only edited for style by Gujarat Samachar Digital staff)

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