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.
Tagging the report, the Congress’ general secretary in-charge of communications Jairam Ramesh said on Twitter, “We hope SEBI will use all the means at its disposal to get clarity about ultimate beneficial ownership of these funds given the serious and credible allegations of money-laundering,
