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Adani Group rejects fresh allegations of stock price manipulation by OCCRP
The Morning Standard
|September 01, 2023
ADANI GROUP on Thursday rejected the fresh allegations of stock price manipulation.
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The Organised Crime and Corruption Reporting Project (OCCRP), a global network of investigative journalists, in a report has claimed massive investments were channeled into Adani Group stocks through opaque funds based in Mauritius. OCCRP has alleged that the promoter group family secretly invested in their own companies via close affiliates and bypassed the existing rules and regulations that prevent stock price manipulation.
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