 Scroll.in A message from Ayush Tiwari, our reporter covering the SEBI-Adani story Dear reader, Eighteen months ago, Hindenburg Research alleged that the Adani Group was pulling off "the largest con in corporate history". The conglomerate was accused of money laundering, accounting fraud and stock price manipulation using offshore shell companies. If you're wondering why the Indian authorities (in particular the Securities and Exchange Board of India) have been slow to investigate these extremely serious claims, there may now be an answer. Hindenburg Research's latest allegations suggest that SEBI Chairperson Madhabi Buch had "hidden stakes" in an offshore entity tied to the Adani Group's alleged misconduct. Buch, with the support of the Union government, has denied the allegations. Scroll's own reporting, however, has brought to light details and questions that are unlikely to reassure Indian citizens and investors. Catch up on our coverage of this important story with lasting implications for India's capital markets. Become a Scroll Member so that we can keep producing rigorous, investigative journalism like this.  Best,     |
