{"id":621088,"date":"2023-12-05T10:10:58","date_gmt":"2023-12-05T04:40:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=621088"},"modified":"2023-12-05T10:40:52","modified_gmt":"2023-12-05T05:10:52","slug":"us-examined-hindenburg-allegations-before-giving-loan-to-adani","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/us-examined-hindenburg-allegations-before-giving-loan-to-adani\/","title":{"rendered":"US examined Hindenburg allegations before giving loan to Adani"},"content":{"rendered":"<p>The US government concluded that short-seller Hindenburg Research\u2019s allegations of corporate fraud against Indian billionaire Gautam Adani weren\u2019t relevant before extending his conglomerate as much as $553 million for a container terminal in Sri Lanka, a senior US official said. <\/p>\n<p>Allegations in a scathing report by US-based Hindenburg Research, which erased around $100 billion from the Adani Group\u2019s market value earlier this year, were front and center as the International Development Finance Corp., or DFC, conducted a due diligence investigation of the conglomerate, an official from the US agency told Bloomberg.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US government concluded that short-seller Hindenburg Research\u2019s allegations of corporate fraud against Indian billionaire Gautam Adani weren\u2019t relevant before extending his conglomerate as much as $553 million for a container terminal in Sri Lanka, a senior US official said. Allegations in a scathing report by US-based Hindenburg Research, which erased around $100 billion from the Adani Group\u2019s market value earlier this year, were front and center as the International Development Finance Corp., or DFC, conducted a due diligence investigation of the conglomerate, an official from the US agency told Bloomberg.<\/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":[130,240,138],"tags":[],"class_list":["post-621088","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621088","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=621088"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621088\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=621088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=621088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=621088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}