#Adani’s climate-cooking, land-grabbing, tax haven-loving coal empire has been rocked by fresh evidence of alleged insider trading, stock manipulation & accounting fraud. Here’s a quick news round up from the last 24 hours.🧵@MSCI_Inc @BlackRock @Barclays occrp.org/en/investigati…
"documents obtained by the @OCCRP...reveal for the first time the details of an undisclosed & complex offshore operation in Mauritius–seemingly controlled by #Adani associates–that was allegedly used to support the share prices of its group of companies" theguardian.com/world/2023/aug…
"“Two sets of accounts were done. One was for regulators. The second set was for each investor mapping their holdings.” #Adani #StopAdani @MSCI_Inc @BlackRock @Citi @TIAA @Vanguard_Group @Barclays @mufgbk_official @DeutscheBank @PIMCO
#Adani’s Australian operations and its climate-wrecking Carmichael coal mine are implicated in this bombshell new evidence of alleged illegal insider trading and stock manipulation at the Adani Group. Here's how... 🧵 #StopAdani #auspol #qldpol @asicmedia theguardian.com/world/2023/aug…
New documents show @gautam_adani's brother Vinod as a key figure in alleged criminal behaviour to manipulate stock prices. Vinod Adani is currently a director of two companies with direct links to #Adani’s Carmichael Coal Project and its coal port in Queensland. #StopAdani
Vinod Adani held positions in three more companies connected to the Carmichael coal project and only stepped down earlier this year after being exposed in Hindenburg’s report. ASIC must investigate this new evidence of alleged illegal conduct. @asicmedia #Adani #StopAdani
1/6 Incredible timing. #Adani sells Yangon port just hours after being exposed for continuing their business partnership with the #Myanmar military & seeking new coal business deals with them. Amazing achievement by @JusticeMyanmar & others. But serious questions must be asked.🧵
2/6 How did #Adani suddenly find a buyer for its Yangon port just hours after the release of highly damaging leaked documents, when they’ve spent the last 2 years dragging their feet and privately cosying up to sanctioned military generals? #Myanmarft.com/content/9e62df…
3/6 #Adani have sold their #Myanmar port to a mysterious company named Solar Energy Ltd for $30M. Who is this company and where are they based? Who is the ultimate beneficial owner of Solar Energy Ltd? What, if any, human rights due diligence has Adani conducted on this company?
Huge breaking story on @abcnews from @jrojourno. #Adani sought new coal business ventures with sanctioned #Myanmar military entities on the very same day that it was telling the world it was exiting the country. Key points below🧵 abc.net.au/news/2023-05-0…
"leaked documents obtained by a Myanmar human rights group & shared with ABC Investigations reveal #Adani, on the same day it flagged its exit from the port, lodged an "expression of interest" to export coal from #Myanmar... that would help fund the brutal regime.
"In a letter to a US-sanctioned junta minister, an #Adani exec said the group was also negotiating a related electricity supply deal with the regime."
BREAKING: Leaked documents expose #Adani continuing its business partnership and even seeking new coal business deals with the murderous Myanmar military, which is ramping up its campaign of terror against the people of #Myanmar. #StopAdani
#Adani sought new coal business deals with the #Myanmar military at the same time it was telling the world it was exiting the country. Adani's investors could be funding war crimes and genocide. @JusticeMyanmar@theACIJ are calling for investors & ratings agencies to #StopAdani
The #Myanmar military recently bombed a large gathering of innocent civilians, killing at least 165 people, including many children. #Adani is enabling these atrocities by doing business with the Myanmar military. Adani’s investors are complicit & must divest immediately.
ANOTHER 🧵OF THINGS UNRAVELING FOR ADANI'S COAL EMPIRE 🔥
If #Adani wants to prove it can do business differently it should start by halting:
🚮Carmichael coal mine
🚮 11 new coal mines destroying communities & forest across 🇮🇳
🚮12GWs of new coal power livemint.com/companies/news…
"#Adani is seeking to sell a part of its stake in Ambuja Cement to reduce its debt & restore the flagging confidence of investors... This would be the group’s first asset sale after it was hammered by allegations by #Hindenburg..." thewire.in/business/adani…