Adani group shares fall after OCCRP allegations on offshore owners
Thursday, 31 August 2023
Shares and bonds of the Adani Group fell after an investigation revealed potentially controversial owners of its stock. The probe alleged that Nasser Ali Shaban Ahli from the UAE and Chang Chung-Ling from Taiwan traded hundreds of millions of dollars worth of Adani Group stock. The documents obtained also showed investments in Adani stock through opaque investment funds based in Mauritius.
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