'Hindenburg is infamous in America', Harish Salve demands action against American short-selling firm
Hindenburg: Harish Salve has attacked the allegations made by Hindenburg Research on the chairperson of SEBI. He said that Hindenburg is making fun of India, if organizations like Hindenburg Research are not reined in, then such organizations will one day question the judiciary of the country. He has also strongly criticized the opposition on this matter.
American short-selling firm Hindenburg Research recently made serious allegations against SEBI chairperson Madhabi Puri Buch, after which Hindenburg once again came into discussion in India. At the same time, well-known legal expert and senior advocate Harish Salve has strongly attacked the American short-seller company.
He said that Hindenburg is making fun of India. Salve said that if organizations like Hindenburg Research are not reined in, then such organizations will one day question the judiciary of the country. He said that Hindenburg Research is infamous in America. However, many people in India trust it and consider its report to be credible.
He said that no country gives importance to Hindenburg's report. Everyone considers its report to be a pile of garbage. However, in India, it is trying to threaten SEBI. He has strongly criticized the opposition on this matter. Harish Salve said that a section of political leaders is taking Hindenburg seriously, which is shameful.
The former Solicitor General said that people make baseless allegations against any institution in India and also get away. He said that strict action should be taken against such people. He said that this institution is making fun of India.