Six months ago, Hindenburg Research unveiled \u201cbrazen accounting fraud, stock manipulation, and money laundering,\u201d shattering any illusion still held of Adani\u2019s ethical standing. Yet, the tentacles of this conglomerate\u2019s misdeeds stretch even further. Confidential documents obtained by the Organised Crime and Corruption Reporting Project (OCCRP), shared with The Financial Times and The Guardian, have come to light, confirming Hindenburg\u2019s allegations – vehemently denied by the Adani Group – that Gautam Adani\u2019s brother Vinod and his associates control a \u201cvast labyrinth of offshore shell entities\u201d to artificially inflate Adani stock prices and move money in and out of its listed companies.<\/p>\n

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Six months ago, Hindenburg Research unveiled \u201cbrazen accounting fraud, stock manipulation, and money laundering,\u201d shattering any illusion still held of Adani\u2019s ethical standing. Yet, the tentacles of this conglomerate\u2019s misdeeds stretch even further. Confidential documents obtained by the Organised Crime and Corruption Reporting Project (OCCRP), shared with The Financial Times and The Guardian, have come […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-597","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/paise.info\/wp-json\/wp\/v2\/posts\/597"}],"collection":[{"href":"https:\/\/paise.info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paise.info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paise.info\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/paise.info\/wp-json\/wp\/v2\/comments?post=597"}],"version-history":[{"count":1,"href":"https:\/\/paise.info\/wp-json\/wp\/v2\/posts\/597\/revisions"}],"predecessor-version":[{"id":598,"href":"https:\/\/paise.info\/wp-json\/wp\/v2\/posts\/597\/revisions\/598"}],"wp:attachment":[{"href":"https:\/\/paise.info\/wp-json\/wp\/v2\/media?parent=597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paise.info\/wp-json\/wp\/v2\/categories?post=597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paise.info\/wp-json\/wp\/v2\/tags?post=597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}