SEBI Chairperson's ICICI Earnings Spark Conflict-of-Interest Debate

• Allegations against SEBI Chairperson Madhabi Puri Buch by the Congress Party have raised concerns about conflict of interest and transparency.
• Congress claims Buch earned Rs16.80 crore from ICICI group, dwarfing her SEBI salary.
• ICICI Bank's response about retirement benefits has not quelled concerns, raising more questions.
• Congress questions ICICI's ESOP policy and its application to Buch, suggesting special treatment.
• The issue highlights the need for stringent disclosure norms for regulatory officials to maintain public trust.

Source: Money Life