Minister for Parliamentary Affairs and Minority Affairs Kiren Rijiju, on Monday, hit out at Congress and its allies over the latest Hindenburg report, saying, ”There are many forces, whether inside or outside the country, who are against India.”

Rijiju was reacting to the Hindenburg Research report against Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch on Saturday. The US-based short seller alleged that “Buch and her husband Dhaval Buch had stakes in obscure offshore entities used in the Adani money siphoning scandal.”

Reacting to the report against the SEBI chief, the Union minister said, “We have to understand that today, there are many forces, whether inside or outside the country, who are against India. We have to identify them.”

Rijiju said, “I feel that the Congress and some of its allies want to destroy the country. The people of India want to move forward under the leadership of Modi (Prime Minister Narendra Modi).

“They could not win the elections but are working with anti-India people to harm India. They will never succeed in it because the people of India have understood who the enemies of the country are,” he added.

BJP leader Gourav Vallabh said, “Congress and Hindenburg want the Indian market to crash. But the Indian market, companies and investors are standing on strong fundamentals. Even after all the hue and cry, the market dropped only by 0.7 per cent.

Meanwhile, in the light of allegations by the US-based short seller against Securities Madhabi Buch, Congress General Secretary Jairam Ramesh reiterated his demand for a Joint Parliamentary Committee (JPC) probe into the matter. Responding to SEBI’s statement on the ongoing investigations into certain financial transactions of the Adani Group, Ramesh emphasised that “actions matter, not activities.”

His statement follows allegations by the Hindenburg Research that the SEBI chairperson and her husband had stakes in obscure offshore funds tied to the alleged Adani money siphoning scandal. “In its August 11, 2024 statement on the ongoing investigations into certain financial transactions of the Adani Group, SEBI has tried to project an image of hyperactivity, stating that it has issued 100 summons, sent 1,100 letters and emails, and examined 300 documents comprising 12,000 pages. This may seem exhaustive, but it diverts attention from the core issues at hand. Actions matter, not activities,” Ramesh stated in a letter posted on X.