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The Adani Saga: Brothers-In-Arms?OUS News

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One of Rogers’ directors, Jayechund Jingree, was a former director at Adani Enterprises (then named Adani Exports) and was also linked to five investment funds that were anchor investors in Adani Enterprises’ ill-fated -fated Rs 20,000 crore FPO. Jingree is also reportedly associated with fugitive stockbrokers Ketan Parekh and Dharmesh Doshi.

The sixth Mauritius-based fund that invests as an anchor investor, The Great International Tusker Fund, also has directors who are directors with Vinod Adani and Subir Mittra in other companies. This is the idea of ​​a network of group leaders involved in money transfer and circulation.

In a Lok Sabha reply on March 13, 2023, the minister of state for finance stated that an investigation into alleged over-payment by the Private Group of imported Indonesian coal, conducted by the anti-corruption agency of the State India, Director of Revenue Intelligence (DRI) , that “has not reached the conclusion as the information is coming from the countries issuing through the execution of the Rogatory Letters are under jurisdiction”.