#corporatefraud — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #corporatefraud, aggregated by home.social.
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Four Issues SEBI Raised (Or It Couldn’t) in the Adani-Hindenburg Matter
SEBI's probe delves into the complexities surrounding foreign portfolio investors' ownership, concerns related to corporate governance, such as related party transactions, and auditors' roles.
#AdaniGroup #HindenburgResearch #SEBI #CorporateFraud #GautamAdani #VinodAdani #adani #business #india
https://thewire.in/business/sebi-adani-group-hindenburg-vinod-adani
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Decoding the Adani-Hindenburg judgment
A perusal of the recent Supreme Court order showcases deficiencies which can subvert the ongoing investigation into the Adani group of companies. Prasenjit Datta writes.
#AdaniHindenburgCase #SupremeCourt #SEBI #HindenburgResearch #OCCRP #CorporateFraud #AdaniGroup #GautamAdani #IndianJudiciary #india
https://www.thehindu.com/news/national/decoding-the-adani-hindenburg-judgment/article67707361.ece
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Six Key Developments After Hindenburg's Report in 2023: From Vinod Adani to Pegasus Targeting on Reporter
A listicle detailing some significant developments since Hindenburg Research released its report, accusing the Adani Group of stock manipulation and accounting fraud, on January 24, 2023.
#SupremeCourt #AdaniHindenburgCase #SEBI #AdaniGroup #HindenburgResearch #OCCRP #CorporateFraud #StockManipulation #business #adani #GautamAdani #VinodAdani #india
https://thewire.in/business/adani-hindenburg-case-vinod-adani-to-pegasus-targeting-on-reporter
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Adani-Hindenburg case verdict: Key takeaways
With the Supreme Court upholding a SEBI probe into allegations of fraud against the Adani group, The Hindu decodes the key takeaways from the verdict.
#SupremeCourt #AdaniHindenburgCase #SEBI #AdaniGroup #HindenburgResearch #CorporateFraud #StockManipulation #OCCRP #business #adani #GautamAdani #india
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No Ground to Transfer Adani-Hindenburg Probe, SEBI Should Complete Probe in 3 Months: Supreme Court
The court also accused the petitioners of relying on "unsubstantiated" reports and thus misusing the public interest litigation instrument.
#AdaniHindenburgCase #SupremeCourt #AdaniGroup #HindenburgResearch #CorporateFraud #business #StockManipulation #SEBI #india
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Adani Auditor EY Faces Inquiry by India’s Accounting Regulator: Report
The National Financial Reporting Authority has requested documents and communications related to the audits of Adani-controlled companies dating back to 2014, Bloomberg reported.
#AdaniGroup #NFRA #EY #SRBatliboi #ShahDhandhariaAndCo #DharmeshParikhAndCo #GautamAdani #HindenburgResearch #StockManipulation #CorporateFraud #india
https://thewire.in/business/adani-auditor-ey-faces-inquiry-by-indias-accounting-regulator-report
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As Modi Government and Adani Train Guns on Opposition MP Mahua Moitra, Here’s What We Know and Don’t Know
Hiranandani's controversial affidavit does not corroborate the two most damaging charges the BJP has levelled at Moitra. There is no cash payout 'smoking gun' that government handlers evidently hoped he would deliver. Nor does he say the gifts he gave were in exchange for anything Moitra had done as an MP.
#MahuaMoitra #TMC #AdaniGroup #BJP #NarendraModi #adani #modi #DarshanHiranandani #GautamAdani #HindenburgResearch #CorporateFraud #india
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SEBI Approached OCCRP for Documents on Adani Allegations
The network of investigative reporters refused the Indian market regulator's request, saying that the sources of information are accessible through official channels.
#SEBI #AdaniGroup #OCCRP #GautamAdani #adani #CorporateFraud #HindenburgResearch #CronyCapitalism #india
https://thewire.in/business/sebi-occrp-documents-adani-allegations
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I Have Written Only Facts: Paranjoy Guha Thakurta
The journalist Paranjoy Guha Thakurta was also among those raided and taken in for questioning by Delhi Police in the NewsClick case. This conversation with Thakurta was held in February 2023 when he came to Kerala for the release of the book ‘Adani Empire: Beyond Crony Capitalism‘.
#interview #ParanjoyGuhaThakurta #AdaniGroup #GautamAdani #HindenburgResearch #CorporateFraud #CronyCapitalism #BJP #business #UAPA @books #bookstodon #india
https://countercurrents.org/2023/10/i-have-written-only-facts-paranjoy-guha-thakurta/
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Owner of Adani Power’s Largest Public Investor a ‘Single Person Company’: Report
The one-man setup in Dubai owns and controls Opal Investment’s APL shares worth over Rs 8,000 crore at the present market value.
#AdaniPower #AdaniGroup #mauritius #AdelHassanAhmedAlali #GautamAdani #VinodAdani #UAE #CorporateFraud #HindenburgResearch #business #india
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Why Some Supreme Court Investigators In The Adani-Hindenburg Case Are Accused Of Conflict Of Interest
A September 2023 affidavit in the Supreme Court has alleged that two out of the six members of the Supreme Court-appointed expert committee investigating possible regulatory lapses in dealing with allegations against the Adani group have a “conflict of interest” and one is named in an alleged fraud. Among these are a member’s company’s tie-up with the Adani group in 2022, another’s alleged involvement in a bank fraud, and a third’s past association with the conglomerate.
#AdaniGroup #HindenburgResearch #HindenburgCase #SupremeCourt #adani #CorporateFraud #GautamAdani #OPBhatt #KVKamath #SomasekharanSundaresan #VijayMallya #NarendraModi #CronyCapitalism #india
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How the Black Money Was Brought Back to India
The latest revelations against the Adani Group are a reminder of the lengths and depths to which the prime minister has gone to protect his corrupt friends and their misdeeds by rendering India’s regulatory and investigative agencies toothless, writes Jairam Ramesh.
https://thewire.in/business/how-the-black-money-was-brought-back-to-india
#GautamAdani #NarendraModi #CorporateFraud #StockManipulation #VinodAdani #SEBI #DRI #OCCRP #HindenburgResearch #adani #BJP #india
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SEBI knew about allegations against Adani Group since 2014, letter shows
The chairman of SEBI at that time is now an independent director of Adani-owned NDTV.
#SEBI #AdaniGroup #UKSinha #DRI #CorporateFraud #OCCRP #HindenburgResearch #GautamAdani #VinodAdani #adani #StockManipulation #NDTV #india
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Adani stock manipulation exposed: Offshore trail points to two investors with links to Adani family
Nasser Ali Shaban Ahli and Chang Chung-Ling traded in Adani stocks and paid a Vinod Adani firm for ‘investment’ advice.
#AdaniGroup #StockManipulation #GautamAdani #CorporateFraud #VinodAdani #NarendraModi #adani #HindenburgResearch #businesss #BJP #india
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Deloitte to resign as Adani auditor on Hindenburg concerns: Report
The auditor’s move casts new shadows on financial management at Adani Group, which has been under scrutiny since January.
#AdaniGroup #deloitte #AdaniPorts #GautamAdani #HindenburgResearch #adani #CorporateFraud #billionaires #wealth #CronyCapitalism #business #industry #india
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Close to Half of Adani's Rs 34,000 Crore Mundra PVC Project To Be Funded By SBI-Led Consortium
The project will be undertaken by an Adani subsidiary called Mundra Petrochem. Work on the project was halted in March following Hindenburg Research's scathing attack on the conglomerate.
#gujarat #mundra #AdaniGroup #adani #MundraPort #SBI #MundraPetrochem #MundraPVC #billionaires #HindenburgResearch #CorporateFraud #CronyCapitalism #industry #BJP #india
https://thewire.in/energy/sbi-led-consortium-to-help-fund-adani-pvc-project
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Gautam Adani: the Indian billionaire vs the short seller
In 2022 the Indian businessman was the third richest man in the world but a short report at the start of 2023 saw the value of his listed companies fall by over $100bn. The fallout has spread beyond the markets and into politics as the story of Adani has become inextricably linked to Prime Minister Narendra Modi's vision of the new India.
#GautamAdani #adani #AdaniEnterprises #HindenburgResearch #CorporateFraud #NarendraModi #stocks #industry #BJP #billionaires #CronyCapitalism #india
Watch: https://www.ft.com/video/5de54044-3095-4670-83d4-84dce3a57845
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No clean chit to Adani by SC panel – only a JPC can unearth the full truth
The report is a reminder that SEBI diluted the reporting requirements of the ultimate beneficial (i.e. actual) ownership of foreign funds. This occurred after Prime Minister Narendra Modi’s refrain regarding his government’s efforts to “eliminate safe havens for economic offenders” and remove the “excessive banking secrecy that hides the corrupt and their deeds”.
#AdaniGroup #adani #SEBI #SupremeCourt #GautamAdani #HindenburgResearch #CorporateFraud #NarendraModi #billionaires #industry #india
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Indian data reveals Adani empire’s reliance on offshore funding
Almost half conglomerate’s $5.7bn in FDI over 5 years came from opaque overseas entities.
#AdaniGroup #adani #GautamAdani #FDI #CorporateFraud #ShellCompanies #mauritius #cyprus #VinodAdani #HindenburgResearch #industry #billionaires #NarendraModi #india
https://www.ft.com/content/a01c8930-005d-48e1-8a52-cbd0850cbbff
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SEBI Chairperson maintains studied silence on Adani-Hindenburg issue and NSE setback
Chairperson Buch also mentioned that the market regulator will submit all its findings to the probe panel set up the Supreme Court.
#SEBI #AdaniGroup #adani #HindenburgResearch #MadhabiPuriBuch #CorporateFraud #StockManipulation #stocks #CronyCapitalism #india
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Behind Adani Deals, an ‘Elusive’ Elder Brother
Sibling of Indian conglomerate’s founder played key role in activities questioned by U.S. short seller; company says brother had no managerial role.
#adani #AdaniGroup #VinodAdani #GautamAdani #CorporateFraud #HindenburgResearch #CronyCapitalism #stocks #business #industry #billionaires #india
https://www.wsj.com/articles/behind-adani-deals-an-elusive-elder-brother-8a00b3c