Journalists’ Funny Take On Amitabh Bachchan’s Baghban Feat. ICICI Bank And Madhabi Buch (Image: YouTube.com)
The internet is a funny place. Somehow it manages to find a connection from seemingly nowhere and while impressive, it is also hilarious. Something similar occurred thanks to the genius mind of journalist and Bloomberg Opinion Columnist Andy Mukherjee.
Taking to his X account, Mukherjee posted a brilliant observation from the Baghban film featuring Amitabh Bachchan and Hema Malini (among others). He observes how Bachchan’s character, a retired employee from ICICI Bank, is “totally screwed by his kids because he didn’t have employee stock options, he could exercise 10 years after leaving.”
Amitabh Bachchan’s character in Baghban retired from ICICI Bank and got totally screwed by his kids because … he didn’t have employee stock options he could exercise 10 years after leaving. Just saying. pic.twitter.com/zEXznnu5Ol
— Andy Mukherjee (@andymukherjee70) September 3, 2024
Read Also: Congress Demands Answers From ICICI, Madhabi Buch On “Retiral Payouts”
While one X user commended Mukherjee’s observational power, “That is some financial investigative journalism” another user quipped, “More amazing thing is Retirral benefits keep coming in all Forms for years!!”
Another clever user remarked, “That was in the pre-independence India, Sir. If somebody makes a sequel to Baghban in the post-independence era, we can hope to see some retiral ESOPs being showered upon AB. Metoo Just saying!”
In case, you missed the reference, the joke is in reference to Madhabi Puri Buch and the latest controversy the SEBI chairperson has found herself in along with private firm ICICI Bank. Congress leader Pawan Khera alleged that Buch had received Rs 16.80 crore from ICICI Bank between 2017 and 2024, which was five times her SEBI salary. Khera also questioned whether Buch had a conflict of interest while overseeing probes into ICICI Bank during her time at SEBI. Buch’s actions violated Section 5 of SEBI’s Code on Conflict of Interests, which prohibits employees from benefiting from external organisations, claimed the party.
In a latest, Congress found various alleged inconsistencies in ICICI’s explanations regarding the above. Khera countered the private bank’s response that employees, including retired ones, had the option to exercise ESOP’s up to ten years post-vesting. Citing ICICI’s ESOP policy, wherein former employees exercise their options within a maximum of three months post-termination, he asked, “Where is this ‘revised policy’ under which Ms. Madhabi P. Buch was able to exercise ESOPs 8 years after her voluntary termination?”
