{"id":575891,"date":"2023-05-11T09:16:08","date_gmt":"2023-05-11T03:46:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=575891"},"modified":"2023-05-11T09:51:34","modified_gmt":"2023-05-11T04:21:34","slug":"no-shell-company-in-mauritius-hindenburg-allegations-false-mauritius-min","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/no-shell-company-in-mauritius-hindenburg-allegations-false-mauritius-min\/","title":{"rendered":"No shell company in Mauritius; Hindenburg allegations false: Mauritius Min"},"content":{"rendered":"<p>In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation&#8217;s Parliament that Hindenburg Research&#8217;s allegations of the presence of &#8216;shell&#8217; companies in the Island nation are &#8216;false and baseless&#8217; and that Mauritius was in compliance with OECD-mandated tax rules.<\/p>\n<p>US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.<\/p>\n<p>A shell company is an inactive firm used as a vehicle for various financial manoeuvres.<\/p>\n<p>When a Member of Parliament (MP) through a written notice question asked the Minister about Hindenburg&#8217;s allegation of use of Mauritius-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation&#8217;s Parliament that Hindenburg Research&#8217;s allegations of the presence of &#8216;shell&#8217; companies in the Island nation are &#8216;false and baseless&#8217; and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies. A shell company is an inactive firm used as a vehicle for various financial manoeuvres. When a Member of Parliament (MP) through a written notice question [&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-575891","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\/575891","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=575891"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/575891\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=575891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=575891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=575891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}