Hope Sebi will get clarity on foreign funds invested in Adani group: Cong
The Congress on Wednesday said it hopes SEBI will use all means at its disposal to get clarity about the ultimate beneficial ownership of foreign funds invested in the Adani group.
The party also asserted that public interest must not be undermined using the excuse of confidentiality and privacy.
Its assertion came over a media report which claimed that some foreign funds invested in Adani group companies have declined to identify their beneficial owners, citing client confidentiality and foreign privacy laws.
