New Delhi. Earlier short seller Hindenburg Research had accused Adani Group of hiding information and inflating the price of its shares. After this report of Hindenberg Research, there was a huge selloff in the shares of Adani Group and Gautam Adani slipped far down the list of the world’s second billionaire. After the report of Hindenburg Research, SEBI had started investigation and has to submit the report to the Supreme Court. Adani Group has not yet got proper relief from this matter that now the Organized Crime and Corruption Reporting Project (OCCRP), which is funded by billionaire George Soros, has made fresh allegations against Adani Group.
NEW: The Adani Group is one of India’s top conglomerates and is widely linked to Prime Minister Modi. It’s also been rocked by accusations of stock manipulation.
Now reporters have found new evidence that sheds light where the authorities could not.https://t.co/dzz1ZNC4Hv
— Organized Crime and Corruption Reporting Project (@OCCRP) August 30, 2023
OCCRP has said in its allegations that business partners of Adani Group invested millions of dollars in shares of Adani Group through an anonymous investment fund based in Mauritius. The OCCRP has alleged that its investigation found at least two such cases. The institution has said that in these two cases, anonymous investors have bought and sold shares of Adani Group through offshore structure. Apart from George Soros, OCCRP is also funded by Rockefeller Brothers. George Soros is the same American billionaire, whose video went viral in the past.
In this video, George Soros had talked about continuing efforts to remove PM Narendra Modi from power. George Soros is accused of wanting to see a specific type of power in every country and with this intention, he funds institutions in the respective countries and gets them to work in his favor. The special thing is that for the last few days there was speculation in the social media that after the report of Hindenburg Research, an organization funded by George Soros is now going to target an Indian company. Based on these social media speculations, Adani Group has termed OCCRP’s claims as false and tarnishing the group’s image. Adani Group has said that the latest allegations are an attempt by a section of foreign media.