Adani Group Hit With New Corruption Allegations
Posted on August 14th, 2024

By Arif Rafiq Courtesy GlobelyNews

The Adani Group is hit with fresh corruption allegations as newly revealed documents link India’s market regulator chairperson to Adani offshore companies.

India’s second-richest man Gautam Adani is at the center of a new corruption scandal, with the accusations coming from a familiar source.

On Monday, investment firm Hindenburg Research released excerpts of what it described as whistleblower documents proving that the head of India’s market regulator had undisclosed investments in offshore funds used by Adani Group associates for fraudulent purposes.

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