Jo Johnson, the brother of former UK prime minister @BorisJohnson, has resigned from the board of Elara Capital—a London-based investment firm 99% of whose holdings are Adani stocks.
About time @JoJohnsonUK revealed more on how he ended up at a company linked to Ketan Parekh.
About time @JoJohnsonUK revealed more on how he ended up at a company linked to Ketan Parekh.
Boris Johnson visited Adani headquarters in April 2022.
Jo Johnson joined Elara in June 2022.
The timing could just be a coincidence. But what kind of background checks did Jo Johnson—a former India correspondent of ‘Financial Times—do before lending his name to the firm?
Jo Johnson joined Elara in June 2022.
The timing could just be a coincidence. But what kind of background checks did Jo Johnson—a former India correspondent of ‘Financial Times—do before lending his name to the firm?
@FT reports that when Jo Johnson joined Elara last June, the firm intended to tap his expertise on investing in technology and education.
In his statement, Jo Johnson says he hoped to make a contribution to UK-India trade and investment ties.
OK, but…
In his statement, Jo Johnson says he hoped to make a contribution to UK-India trade and investment ties.
OK, but…
Was Jo Johnson aware of Elara’s deep ties with the Adani Group at the time of his joining?
Was he aware that Elara had amassed $4.2 billion from three Adani stocks?
Was he aware that before Adani, Elara was linked to 2 companies whose founders were probed for money-laundering?
Was he aware that Elara had amassed $4.2 billion from three Adani stocks?
Was he aware that before Adani, Elara was linked to 2 companies whose founders were probed for money-laundering?
Was Jo Johnson aware of Elara CEO Raj Bhatt’s record of deals with Dharmesh Doshi, an Indian fugitive accused to stock manipulation with Ketan Parekh?
Was he aware that among the stocks the duo fixed was Adani Exports, now called Adani Enterprises? @HindenburgRes #KetanParekh
Was he aware that among the stocks the duo fixed was Adani Exports, now called Adani Enterprises? @HindenburgRes #KetanParekh
@JoJohnsonUK’s resignation is designed to make it seem all very normal—as if it has nothing to do with the @HindenburgRes report on Adani Group, or a possible political blowback.
Perhaps this piece by Ravi Nair in June 2021 hadn’t caught his attention?👇🏿
adaniwatch.org/unravelling_ad…
Perhaps this piece by Ravi Nair in June 2021 hadn’t caught his attention?👇🏿
adaniwatch.org/unravelling_ad…
Jo Johnson can claim the Adani Watch report on the offshore investors in Adani Group was before he joined Elara in June 2022.
Fair enough, but what was his reaction to the @creditsights report of August 2022, which said Adani was “deeply overleveraged”?
Did it miss his eye?👇🏿
Fair enough, but what was his reaction to the @creditsights report of August 2022, which said Adani was “deeply overleveraged”?
Did it miss his eye?👇🏿
https://twitter.com/creditsights/status/1561946380184485890
Did a Standard & Poor’s report in September 2022, which showed that the Adani Group’s gross debts had increased by 42% in just one year, also miss @JoJohnsonUK’s trained editorial eye?
Did it ring no alarm bells at all?
Did it ring no alarm bells at all?
https://twitter.com/churumuri/status/1563124053463818242
What was his reaction in September 2022 to the news that #Bloomberg couldn’t trace the contact persons of 3 funds named in Parliament by @FinMinIndia?
The mess was obvious.
Why has @JoJohnsonUK chosen this moment to wash his hands of @gautam_adani?👇🏿
ndtv.com/opinion/the-wo…
The mess was obvious.
Why has @JoJohnsonUK chosen this moment to wash his hands of @gautam_adani?👇🏿
ndtv.com/opinion/the-wo…
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