12Photo© hindustantimes.comCongress red flags Sebi chairperson’s Rs 16 cr income from ICICI Bank
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Addressing a press conference in Delhi, Congress leader Pawan Khera alleged that between 2017 and 2024, Buch received ₹12.63 crore from ICICI Bank, ₹22.41 lakh from ICICI Prudential, ₹2.84 crore from Employee Stock Ownership Plans (ESOPs), and ₹1.10 crore in Tax Deducted at Source (TDS) payments from ICICI, in addition to her salary from SEBI, which totaled ₹3.3 crore.
“This is not just impropriety; this is illegality,” he said, demanding to know what services Buch provided to ICICI in exchange for these payments.
Khera questioned how the top authority of a regulatory body could ethically take income from an entity it regulates, and said, “Anyone with a little shame would not wait to give a resignation after this exposure.”
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