New Delhi15 minutes ago
American short-selling firm Hindenburg Research Company, which has accused Adani Group, is going to be closed down. This was announced by company founder Nathan Anderson on January 15.
After the news of closure of Hindenburg came out, Congress raised the question that the closure of the research company does not mean that Modani got a clean chit. Even today, wherever you look, there is Adani. The closure of one company will not change the questions.
Congress leader Jairam Ramesh also released a big letter on social media. Jairam wrote, the allegations made by the research company against Adani are serious even today. This includes misuse of India’s foreign policy to further enrich the close friends of the Prime Minister at the cost of national interest.
Jairam said- Supreme Court’s inquiry committee had to be formed on Adani issue.
Jairam wrote in the letter, the Hindenburg report that came in January 2023 proved to be so serious that the Supreme Court of India appointed an expert to investigate the allegations against the Adani Group, which is protected by none other than the Prime Minister himself. Was forced to form a committee.
But the Hindenburg Report covered violations of securities laws only a part of the Modani mega-scam. During January-March 2023, the Congress Party had asked 100 questions to the Prime Minister under the Who Are We Adani (HAHK) series regarding the Adani mega scam – out of which only 21 questions were related to the revelations made in the Hindenburg Report.
Hindenburg founder Nathan Anderson announces, Hindenburg company will be closed Nathan Anderson, founder of American short-selling firm Hindenburg, had announced the closure of the company on January 15. However, Anderson did not give any specific reason for closing the company. Hindenburg Research was started in 2017.
Hindenburg Research reports had led to billions of dollars in losses for several companies, including India’s Adani Group and Icahn Enterprises. In August 2024, Hindenburg had claimed in its report that Securities and Exchange Board of India (SEBI) Chief Madhabi Puri Buch and her husband Dhaval Buch had stakes in an offshore company linked to Adani Group.
Nathan Anderson wrote-
As I’ve shared with my family, friends, and my team since the end of last year. I have decided to dissolve Hindenburg Research. The planning was that it would be closed as soon as the ideas we were working on were completed. And given the recent Ponzi cases we have completed and are sharing with regulators, that day is today.
Nathan Anderson wrote in the note…
I am writing all this with joy. It has been my life’s dream to create this. I didn’t know at the beginning whether it would be possible to find a satisfactory way. This was not an easy option. But I was naive to the danger. Got drawn towards it like a magnet.
So, why not disband now? Nothing special – no significant risk, no health problems and no major personal issues. Someone once told me that at a certain point, a successful career becomes a selfish act. In the beginning I felt that I needed to prove some things to myself. Now I have finally found some comfort with myself, perhaps for the first time in my life.
I look forward to spending time with my family, pursuing my hobbies and traveling. I have earned money for them. I am planning to invest my money in index funds and less stressful things. Right now I’m concentrating on getting everyone on my team to where they want to be.
I’m hoping that in a few years, after we’ve fully shared our process, I’ll hear from someone who read this (probably you). Whoever embraces this passion will learn this art and despite all the obstacles, will find the confidence to shed light on a subject that needs it. It will make my day, even if I’m then busy learning music, gardening or whatever I plan to do next.
I am sorry to family and friends for the moments when I ignored you and my attention went somewhere else. Now I can’t wait to spend more time with all of you.
Finally, I would like to thank our readers. Over the years, your passionate messages have given us strength. And it reminds me again and again that the world is full of goodness. Thank you all for this. I could never hope for more than that. These are all good wishes.
Hindenburg disclosed on these companies from 2016 to 2024
Year 2024: SEBI Chief was accused of having stake in offshore entities linked to Adani Group. In August 2024, Hindenburg had claimed in his report to SEBI that SEBI chief Madhabi Puri Buch had stakes in shadowy offshore entities used in the money misappropriation scandal through the Adani Group.
Citing the documents, Hindenburg had said that Butch and her husband Dhaval Butch had stakes in an offshore fund. In which Gautam Adani’s brother Vinod Adani had invested a large amount of money. Vinod is the chairman of Adani Group of companies. Read the full news…
,
Must read this news related to Hindenburg Report…
Hindenburg’s allegation – Adani’s ₹ 2600 crore freeze in Swiss banks: Adani Group said – all claims are false, this is an attempt to bring down our market value.
Hindenburg Research had made new allegations against Adani Group on September 12. Hindenburg had said that Swiss authorities have frozen more than $ 310 million (about Rs 2602 crore) from 6 Swiss bank accounts linked to Adani Group. Read the full news…
