More “Secret Investments” By Adani Family Associates Revive Market Manipulation Allegations In early 2023, as scrutiny mounted around India’s Adani Group, two close associates of the Adani family acknowledged to their bankers that they controlled billions of dollars in the conglomerate’s shares through hedge funds. The admission — found in records reviewed by OCCRP, who called them “secret investments” in a new investigative piece— came soon after Hindenburg Research accused the group of inflating its stock through “brazen” manipulation that included promoters and insiders holding more of the float than was publicly disclosed. The allegations sparked international attention, amplified by… — Continue at ZeroHedge News : Read More
