The Organized Crime and Corruption Reporting Project’s (OCCRP’s) investigations, published by The Guardian and Financial Times, dragged down the market value of the 10 Adani group stocks by ₹35,210 crore.
Two associates of Vinod Adani, the elder brother of Adani Group founder Gautam Adani and a member of the promoter group, are alleged to have created a complex web of structures within a foreign fund based in Bermuda to trade in Adani stocks. The two individuals, Nasser Ali Shaban Ahli of the United Arab Emirates and Chang Chung-Ling of Taiwan, are said to have used the Global Opportunities Fund to trade in Adani stocks without disclosing their business ties with the Adani family.
Denne historien er fra September 01, 2023-utgaven av Mint Mumbai.
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Denne historien er fra September 01, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Quick Edit: The market's green role
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