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Pandora Papers 'Confirm Adani Group's Connection' to Shell Companies Named in Reports (thewire.in)
submitted 2 years ago by xuxebiko@kbin.social to c/india@kbin.social
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Two of the offshore shell companies registered in the British Virgin Islands, named by the reports as vehicles that invested in Adani stocks, are in fact linked to the Adani Group according to records of offshore corporate service provider Trident Trust, The Indian Express reported.

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[–] xuxebiko@kbin.social 1 points 2 years ago

“Corporate records, accessed by The Indian Express, reveal the web of networks through which office-bearers and employees of Adani companies controlled these two BVI shell companies,” the report states.

[–] xuxebiko@kbin.social 1 points 2 years ago

Link to Indian Express report : https://indianexpress.com/article/india/pandora-probe-confirms-adani-link-to-bvi-shell-firms-named-in-report-8918531/