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2024

Adani-Hindenburg Saga: A chronology of how a US short-seller sent one of India's biggest conglomerates into turmoil

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The Adani-Hindeburg saga has resurfaced with new allegations against SEBI chairperson Madhabi Puri Buch and his wife Dhaval Buch in the siphoning case via alleged offshore shell companies. Hindenburg Research has expressed surprise at SEBI's lack of interest in Adani's alleged undisclosed web of Mauritius and offshore shell entities. The Buchs reportedly opened an account with IPE Plus Fund 1 in Singapore in 2015.