Who Is Chang Chung-Ling: The Chinese Link Featured In Hindenburg-Adani Crossfire outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
A non-profit global network of investigative journalists, Organised Crime and Corruption Reporting Project (OCCRP), says in an article crores of rupees were invested in listed stocks of India s Adani group via opaque funds from Mauritius that obscured the involvement of alleged business partners of the Adani family.
In August 2010, records show, Appleby billed Monterosa for amending and recording fund documents related to Lotus, Mavi, Cresta, among others, “so that there is only one common portfolio of assets for the SEBI declaration/undertaking.”
The two funds – Mavi Investment Fund Ltd (now APMS Investment Fund Ltd) and Lotus Global Investment Limited – found mention in Hindenburg Research's report on Adani Group.