US examined Hindenburg charges before giving loan to Adani group

Credit: IndiaTimes- Published on December 5, 2023
The US government extended a $553 million loan to Gautam Adani's conglomerate for a container terminal in Sri Lanka despite allegations of corporate fraud by Hindenburg Research. The International Development Finance Corp (DFC) conducted a due diligence investigation and concluded that the accusations in the short-seller's report...

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