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The Latest Breaking News from OCCRP

Pegasus infection found on Indian journalists’ phones after Apple alert: Amnesty International

Pegasus Spyware: Amnesty International announced on Thursday that it found recent traces of Pegasus infection, sold only to governments, on two Indian journalists’ phones

The Hindu

SEBI can’t be expected to take OCCRP allegations in Adani case as gospel truth: SC

Supreme Court said SEBI cannot accept foreign media reports as "gospel truth" on Adani Group's alleged stock manipulation & accounting fraud. SEBI bound by evidentiary requirements & cannot take reports as evidence. SIT to investigate, but SEBI following Justice Sapre committee's suggestions to protect investors.

The Hindu

‘Should SEBI now follow journalists?’ SC reserves verdict in Adani-Hindenburg case

The Supreme Court today reserved its verdict in a batch of petitions seeking a court-monitoring inquiry into fraud allegations made by Hindenburg Research against the Adani Group, Bar and Bench reported.

Newslaundry

From analysis to the latest developments in health,
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‘No jurisdiction’, a dubious complainant: Why FT journalists moved SC against police notices

When the Gujarat police served notices to two Financial Times journalists asking them to appear before it, the police allegedly did not mention under which provisions of law the notices were issued. The police also did not offer details of any FIR filed in the matter, or a copy of…

Newslaundry

After OCCRP scribes, 2 FT India journalists get SC interim protection over Adani report summons

The Supreme Court has granted interim protection against any coercive action to two Financial Times journalists, who had approached the court against summons issued by the Gujarat police.

Newslaundry

SC set to hear FT’s India journalists’ plea against police summons over Adani report

The Supreme Court is set to hear a petition by Financial Times over the Gujarat police’s summons against two journalists who report from India for the British outlet.

Newslaundry

‘Designed to distress and deter’: the impact of Slapp lawsuits on journalists and free speech

Individuals and campaigners tell of damage done by powerful people using the courts to try to shut down investigative reporting

The Guardian - UK

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Rahul Gandhi targets Adani group again on coal pricing issue

Citing UK-based newspaper, Financial Times which claimed that the Adani Group was purchasing coal above its market value from Asian countries, Congress leader Rahul Gandhi on Wednesday alleged that it is due to this reason for prices of electricity in country are getting inflated.

Dynamite News

New exposé around the corner? Adani Group slams Financial Times for ‘next attack’

Perhaps preempting a new story on its operations, the Adani Group issued a statement yesterday lamenting a “renewed attempt” by the Financial Times “to rehash old and baseless allegations to tarnish the name and standing of the Adani Group”.

Newslaundry

Foreign aid and press freedom: A history of suspicions and silver linings

The NewsClick searches have left public opinion cleaved between the excessive nature of the police action and suspicion surrounding allegations of Chinese funding. The Indian media, too, seems to be a divided house, with one section trying to portray journalists linked to the portal as “Chinese Jaichands”.

Newslaundry

Affidavit in SC points to SEBI ‘conflict of interest’ in Adani probe, ex-chairman in NDTV

A new affidavit in the Supreme Court has accused market regulator SEBI of conflict of interest in its probe against the Adani Group. The affidavit has also named UK Sinha, who served as chairman at the regulatory body between 2011 and 2017, and was appointed as non-executive chairperson of NDTV…

Newslaundry

Explained | Did Vedanta lobby to dilute ‘green’ curbs?

According to a Organised Crime and Corruption Reporting Project (OCCRP) report, the Union Environment Ministry’s 2022 move to relax regulations to allow mining companies to increase production by up to 50% followed lobbying by the Vedanta group in 2021

The Hindu

Amid G20 hype, exposé on Adani, Vedanta and Manipur crisis relegated to shadows

The G20 Summit has taken over the headlines and the news cycle. By the end of the week, the recent exposes on Adani, the opposition alliance’s Mumbai meet, or even the Manipur crisis would have faded from people’s memories.

Newslaundry

"India's PM can't make enquiry on Adani because...," Rahul Gandhi

Launching an attack on Prime Minister Narendra Modi-led government over allegations concerning the Adani group, Congress leader Rahul Gandhi on Saturday said that India's Prime Minister cannot make an enquiry on his group as "the loss will not be for Adani but to someone else." Read further on Dynamite News:

Dynamite News

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Newslaundry

TV Newsance 224: ENBA Awards, OCCRP’s report on Adani and NDTV’s defence pitch

This week was celebratory for India Today as 111 awards were heaped on the group at the ENBA Awards – 109 if you listen to Anjana. To our bemusement, the usual suspect at TV Newsance, Sudhir Chaudhary, won the ‘Maverick of The Year’ award. Anjana Om Kashyap was awarded for…

Newslaundry

The Adani story simplified: Stock manipulation, mystery investors and SEBI role

The Adani Group has been hit by another storm.

The Hindu

Vedanta ran covert lobbying campaign to weaken environmental laws: OCCRP

Vedanta accused of covertly lobbying to weaken environmental regulations during pandemic by OCCRP; Indian govt approved changes without public consultation; Vedanta pushed to increase mining production without new environmental approvals

Dynamite News

“Why PM is not forcing investigation, why is he quiet,”: Rahul Gandhi seeks JPC probe into allegations against Adani group

Targeting the BJP-led government over allegations concerning the Adani group, Congress leader Rahul Gandhi on Thursday accused the Prime Minister of “being quiet” and said the least that should be done is a Joint Parliamentary Committee probe. Read further on Dynamite News:

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news in one place.

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The Hindu

PM should come clean on fresh Adani allegations as India’s reputation is on the line: Rahul Gandhi

K.C. Venugopal alleges that “PM Modi’s best friend is running an international money laundering racket”.

Al Jazeera

What has India’s Adani Group now been accused of?

Reporters network says it has documents backing allegations that Adani used offshore tax havens to drive up share price.

The Times of India

Adani group shares fall after OCCRP allegations on offshore owners

MUMBAI: Adani Group shares and bonds declined after potentially controversial owners of its stock were identified in a new investigation, dealing the Indian conglomerate a fresh blow after short-seller Hindenburg Research in January alleged the group engaged in corporate fraud and stock price manipulation.

Dynamite News

Adani Group rejects OCCRP claims, says report aimed at short selling stocks

The Adani Group has categorically rejected the allegations levelled by the Organised Crime and Corruption Reporting Project (OCCRP) terming the allegations as 'recyled'. Read further on Dynamite News:

The Hindu

Hindenburg 2.0: OCCRP alleges Mauritius-based opaque funds invested millions of dollars in Adani stock

Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the “mysterious” investors bought and sold Adani stock through such offshore structures.

The Guardian - UK

Modi-linked Adani family secretly invested in own shares, documents suggest

Offshore records suggest associates of wealthy Indian family spent years acquiring stock during rise of founder to be worth $120bn

Newslaundry

Adani stock manipulation exposed: Offshore trail points to two investors with links to Adani family

After the Hindenburg report accused the Adani Group of stock manipulation earlier this year, the conglomerate’s stocks had seen a sharp dip, and the Supreme Court had ordered a probe amid protests by opposition parties.

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