NEW DELHI: An article published on Thursday by the Organised Crime and Corruption Reporting Project (OCCRP) revealed that substantial investments, amounting to millions of dollars, were channeled into publicly traded stocks of Adani Group through “opaque” funds based in Mauritius. These funds were found to mask the involvement of alleged business associates connected to the Adani family.
Based on the analysis of files from various tax havens and internal communications within the Adani Group, OCCRP, a nonprofit media organization, uncovered instances where investors utilized offshore structures to purchase and sell Adani stock.
