Lokpal seeks additional evidence for inquiry against SEBI chief
New Delhi: The Lokpal, chaired by former Supreme Court Justice AM Khanwilkar, has deferred action on two complaints filed against SEBI Chief Madhabi Puri Buch, stating that the Hindenburg Report alone is insufficient for initiating an inquiry. The Lokpal requested the complainants, including MP Mahua Moitra, to submit additional evidence and verify the authenticity of the report.
The complaints stemmed from allegations in the Hindenburg report that suggested a quid pro quo relationship between the SEBI Chief and offshore funds linked to the Adani Group. However, the Lokpal noted that the report's contents, without further substantiation, do not justify proceeding under the Lokpal and Lokayuktas Act, 2013.
The Lokpal highlighted the need for foundational facts that demonstrate how the SEBI Chief's actions fall under the Prevention of Corruption Act, 1988, and referred to a pending Supreme Court application related to the Hindenburg report. It further directed the complainants to explain their efforts to verify the report's credibility and ordered them to file affidavits outlining specific allegations.
The Lokpal has set the next hearing for October 17.
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Mamata again writes to PM Modi on Bengal flood, says her govt not consulted on water release by DVC
Kolkata (PTI): Chief Minister Mamata Banerjee wrote another letter to PM Narendra Modi on the flood situation in West Bengal, maintaining that Damodar Valley Corporation (DVC) released water from its reservoirs without consulting her government, inundating several districts.
Responding to Banerjee's earlier letter to the PM, Union Jal Shakti Minister CR Paatil had said the state's officials were informed at every stage about the release of water from DVC reservoirs, which was essential to prevent a major disaster.
Banerjee said, "While the hon'ble minister claims that the release from DVC dams was carried out by consensus and collaboration with the Damodar Valley Reservoir Regulation Committee, including consultations with representatives of the government of West Bengal, I may respectfully disagree."
"All the critical decisions are made unilaterally by representatives of the Central Water Commission, Ministry of Jal Shakti, Government of India without arriving at a consensus," she said.
Banerjee claimed that sometimes water is released without any notice to the state government and the views of her government are not honoured.
"Moreover peak release from the reservoirs lasting for a prolonged period of nine hours were conducted with only 3.5 hours notice which proved insufficient for effective disaster management," she said in the letter dated September 21, which was made public on Sunday.
In her letter to PM Modi on September 20, she claimed that 5 million people in the state were affected by the floods, and urged him to immediately sanction and release central funds to address the widespread devastation.
In his letter, Paatil addressed the chief minister's concerns about the flooding caused by the release of water from the DVC reservoirs.
He explained that the releases were managed by the Damodar Valley Reservoir Regulation Committee (DVRRC), which includes representatives from the Central Water Commission, West Bengal, Jharkhand, and the DVC.
Paatil clarified that from September 14 to 17, the release of water from the Maithon and Panchet reservoirs was curtailed by 50 per cent at the request of West Bengal officials due to heavy rainfall.
