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  • Adani

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    Gautam Adani, India's richest businessman and close ally of the ruling BJP party, lost over $20 billion following accusations in the Hindenburg report that questioned his business practices. Adani faces a difficult challenge to clear his name from these allegations. The report noted that, even before the Hindenburg report, few retail or institutional investors invested in Adani companies due to concerns about the group's ability to find major investors and a previous report accusing them of manipulation. Vinod Adani, managing director of the Adani group, was previously convicted of fraud and stock manipulation and owns offshore entities that have invested in Adani stocks, raising suspicions about their business dealings.

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    adani and fraud of adani related to thhat

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    adani

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    Gautam Adani, India's richest businessman and close ally of the ruling BJP party, lost over $20 billion following accusations in the Hindenburg report that questioned his business practices. Adani faces a difficult challenge to clear his name from these allegations. The report noted that, even before the Hindenburg report, few retail or institutional investors invested in Adani companies due to concerns about the group's ability to find major investors and a previous report accusing them of manipulation. Vinod Adani, managing director of the Adani group, was previously convicted of fraud and stock manipulation and owns offshore entities that have invested in Adani stocks, raising suspicions about their business dealings.

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    © All Rights Reserved
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    16 views1 page

    Adani

    Uploaded by

    Suchet
    Gautam Adani, India's richest businessman and close ally of the ruling BJP party, lost over $20 billion following accusations in the Hindenburg report that questioned his business practices. Adani faces a difficult challenge to clear his name from these allegations. The report noted that, even before the Hindenburg report, few retail or institutional investors invested in Adani companies due to concerns about the group's ability to find major investors and a previous report accusing them of manipulation. Vinod Adani, managing director of the Adani group, was previously convicted of fraud and stock manipulation and owns offshore entities that have invested in Adani stocks, raising suspicions about their business dealings.

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    © All Rights Reserved
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    of 1

    Thanks to hindburg report world third richest person now lost more than 20 billion

    dollors biggest in wealth.


    Gautam Adani , india's ruling party bjp favourite businessman now faces
    a tough dillemia to clear his name on these baseless accusitions as claimed By mr
    Adani in Media Reports.
    it is noteworty that the even before hindsburg report none of retail investors
    and mutual
    fund managersinvested in any adani listed companies except 2 or 3. neither the
    group is able to find
    ever any major investors.Last year when CreditSights releaed its report Adani Group
    soon manipulated
    the report and the matter is closed Soon.Adani group released a statement saying
    that it is a fraud report and all
    is done before it launches its FPo of adani enterprices.Vinod Adani currently
    Managing direcotr of adani group has been previosly
    convicted of fraud stock manipulation and illegal export of diamonds. he has
    previosly worked with top market manipulator
    and report revel he continused to do so. he owns some of the offsohre entities
    mostly based in tax heavons like UAE and maturies who
    time to time invest in adani stocks. these offshore funds are all related to each
    other
    a major chunk in adani

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