The Latest Breaking News from Nasser Ali Shaban Ahli

The Congress on Monday claimed that recent media reports have “further illuminated” close links between the Adani group and a “shadowy network” of the group’s confidants who are allegedly involved in round-tripping, money laundering and brazen violations of Securities and Exchange Board of India (SEBI) laws.

Congress questions SEBI inaction on money laundering allegations against "Adani-linked entities". Jairam Ramesh doubts SEBI credibility, cites Mauritius regulator revoking two entities' licences. Raises doubts over Adani investments, calls for JPC probe in special Parliamentary session.

Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the “mysterious” investors bought and sold Adani stock through such offshore structures.

Offshore records suggest associates of wealthy Indian family spent years acquiring stock during rise of founder to be worth $120bn

After the Hindenburg report accused the Adani Group of stock manipulation earlier this year, the conglomerate’s stocks had seen a sharp dip, and the Supreme Court had ordered a probe amid protests by opposition parties.