Adani Group denies allegations of Mauritius-based offshore funding, called it ‘recycled allegations’ by foreign media

After the new report by Organised Crime and Corruption Reporting Project (OCCRP) on Adani Group revealed millions of dollars were invested in some publicly traded stocks of Adani Group via ‘opaque’ funds based in Mauritius, the conglomerate dismissed the allegations, calling it “recycled allegations”. “We categorically reject these recycled allegations. These news reports appear to be yet another concerted bid by Soros-funded interests supported by a section of the foreign media to revive the meritless Hindenburg report,” Adani Group said in a statement.

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