Congress slams SEBI over delayed Adani investigation, questions regulator’s accountability

The Congress party has criticized the Securities and Exchange Board of India (SEBI) for its slow pace in investigating allegations against the Adani Group. The party's condemnation centers on concerns about regulatory accountability and the need for prompt action in addressing corporate governance issues. SEBI's delay is seen as a failure to uphold its regulatory responsibilities effectively, potentially undermining investor confidence and market integrity. The political criticism highlights the broader concerns regarding the efficiency and transparency of regulatory bodies in overseeing corporate practices and ensuring adherence to financial and ethical standards.