{"id":561441,"date":"2023-03-09T09:19:44","date_gmt":"2023-03-09T03:49:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=561441"},"modified":"2023-03-09T10:49:11","modified_gmt":"2023-03-09T05:19:11","slug":"adani-group-rout-puts-spotlight-on-billions-flowing-through-mauritius","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-group-rout-puts-spotlight-on-billions-flowing-through-mauritius\/","title":{"rendered":"Adani Group rout puts spotlight on billions flowing through Mauritius"},"content":{"rendered":"<p>The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller allegations against billionaire Gautam Adani are once again reviving questions about the country\u2019s role as a tax haven for India\u2019s tycoons.<\/p>\n<p>In a report late January that sent Adani stocks on a $153 billion downward spiral, Hindenburg Research said that entities controlled by the tycoon\u2019s brother, Vinod, or his associates used Mauritius as a conduit for money laundering and share-price manipulation. Though the report mentioned a \u201cvast labyrinth\u201d of shell companies from the Caribbean to the United Arab Emirates, it pinpointed offshore firms in Mauritius as having played a pivotal part.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller allegations against billionaire Gautam Adani are once again reviving questions about the country\u2019s role as a tax haven for India\u2019s tycoons. In a report late January that sent Adani stocks on a $153 billion downward spiral, Hindenburg Research said that entities controlled by the tycoon\u2019s brother, Vinod, or his associates used Mauritius as a conduit for money laundering and share-price manipulation. Though the report mentioned a \u201cvast labyrinth\u201d of shell companies from the Caribbean to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-561441","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/561441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=561441"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/561441\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=561441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=561441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=561441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}