Adanis are accused of making huge investments in their company’s shares through fake companies

Debjit Mukherjee: New allegations against Adanis. The Organized Crime and Corruption Reporting Project or OCCRP released a report on Adani. Their report claims that the dealings of the Adani group with several unregistered companies in the last few years are very suspicious. Many of these transactions may be illegal. Several companies in Mauritius have suspiciously invested in Adani’s shares. As a result the market is affected. And behind those companies are members of the Adani family. Suspicion rests on Vinod Adani, Adani’s brother.

The Adani group says OCCRP is a non-profit organization funded by George Soros. Adani Group alleged that this report was also published for personal interest of Soros.