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US Examined Hindenburg Allegations Before Giving Loan to Adani

The US government concluded that short-seller Hindenburg Research’s allegations of corporate fraud against Indian billionaire Gautam Adani weren’t relevant before extending his conglomerate as much as $553 million for a container terminal in Sri Lanka, a senior US official said.  Allegations in a scathing report by US-based Hindenburg Research, which erased around $100 billion from […]
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