Discussion about this post

User's avatar
aditya guru's avatar

IG Hindenburg was trying to let them know that they are not intimidating enough and have skeletons in the closet that could become public if required. I assume Hindenburg has more research and evidence already.

Expand full comment
srinivesh's avatar

I am saying this from memory as the report came out some time ago. I thought that the Buchs invested directly in IPE Plus. The 'whistleblower' documents mention this fund. Hindenburg linked this to Adani since the fund manager was also a Director in an Adani company. (He was also a Director in HDFC Bank among many other things.)

Also, MPB's letter in 2018 talks about her husband redeeming the investments. The letter from DB to actually redeem - with attache documents - was also leaked.

The kind of link made between this investment and Adani can also be extended to almost every bureaucrat - they have to choose the fund manager for their NPS account, and that fund manager can invest somewhere else, and a link could be created!

The Agora companies are niggling though. Either MPB and/or SEBI can disclose what was disclosed to SEBI.

Expand full comment
6 more comments...

No posts