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New India-centric report on the way? 'Something big soon', says US Short Seller Hindenburg
Credit: IndiaTimes- Published on August 10, 2024
Hindenburg Research, a US-based firm, hinted at a new report on India, following its 2023 claims against the Adani Group. The prior allegations of financial misconduct caused a significant drop in Adani's stock prices. Notably, the Supreme Court cleared Adani of these charges, as per the Securities and Exchange Board of India's...
Video credit: Oneindia
Published on August 10, 2024 - 03:35
Hindenburg Strikes Again: New Report Says SEBI Chief Had Stake in Adani’s Offshore Deals| Watch
Hindenburg Research's latest report alleges that SEBI Chairperson Madhabi Buch and her husband held stakes in offshore entities linked to the Adani money siphoning scandal. Based on whistleblower documents, the report claims the couple opened an account with IPE Plus Fund 1 in Singapore in 2015, declaring their net worth at $10 million. These allegations suggest a potential conflict of interest, as the entities reportedly use the same complex structure as those associated with Vinod Adani, raising questions about regulatory oversight.
#MadhuriBuch #GautamAdani #AdaniAmbani #HindenburgReport #SEBI #SEBIScandal #Hindenburgnews #Adani #Oneindia #Oneindianews
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