Full video:
How To Lose $150B Overnight
https://www.easternstandardtimes.com/episode/explains-adani-hindenburg
Gautam Adani was Asia’s richest man and known as a shrewd businessman who has a close, personal relationship with Indian Prime Minister Narendra Modi. In January, Hindenburg revealed corporate fraud by releasing a report on Adani Group that Hindenburg actually made a profit from. Now investors have bailed on Adani and it’s left huge redevelopment projects up in the air, which involves resettling a million people.
Adani has accused Hindenburg of launching a “calculated attack on India” and his finance chief compared it to a British colonial-era massacre. While Modi has been silent on the Adani scandal, India’s 2024 general election approaches and it remains to be seen whether this corruption will influence voters’ choices. What we do know is that Indian oligarchs need to be checked in on, regularly and intensely.
#Shorts #ESTMedia
How To Lose $150B Overnight
https://www.easternstandardtimes.com/episode/explains-adani-hindenburg
Gautam Adani was Asia’s richest man and known as a shrewd businessman who has a close, personal relationship with Indian Prime Minister Narendra Modi. In January, Hindenburg revealed corporate fraud by releasing a report on Adani Group that Hindenburg actually made a profit from. Now investors have bailed on Adani and it’s left huge redevelopment projects up in the air, which involves resettling a million people.
Adani has accused Hindenburg of launching a “calculated attack on India” and his finance chief compared it to a British colonial-era massacre. While Modi has been silent on the Adani scandal, India’s 2024 general election approaches and it remains to be seen whether this corruption will influence voters’ choices. What we do know is that Indian oligarchs need to be checked in on, regularly and intensely.
#Shorts #ESTMedia
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