A recent investigation by the Organised Crime and Corruption Reporting Project (OCCRP) has uncovered alleged investments worth millions of dollars in publicly traded stocks of India’s Adani Group through “opaque” Mauritius funds. The investigation suggests that these investments were made by alleged business partners of the Adani family, using offshore structures to obscure their involvement. The report comes after previous accusations by Hindenburg Research regarding the Adani Group’s improper business practices. Adani Group has denied the allegations, but its stocks faced significant losses earlier this year. The OCCRP investigation adds to the ongoing scrutiny of the group’s financial operations.
“Investigation Reveals Alleged Opaque Investment in Adani Group Stocks”
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