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The Hindu
The Hindu
National
PTI

Hindenburg 2.0: OCCRP alleges Mauritius-based opaque funds invested millions of dollars in Adani stock

Hindenburg OCCRP Gautam Adani Vinod Adani United States Adani Group Mauritius Chang ChungLing George Soros Nasser Ali Shaban Ahli

Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based "opaque" investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday.

The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a U.S. short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations.

Also read | Hindenburg 2.0? George Soros-backed OCCRP said to be planning another ‘expose’

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