Corporate documents demonstrate Adani’s relationship with a BVI shell company

A new investigation claims that the two offshore companies are responsible for the Adani Group’s purported financial problems, which were first brought to light by Hindenburg and more recently by the Organised Crime and Corruption Reporting Network (OCCRP).The two offshore shell companies that apparently invested in Adani equities, according to a story by The Indian Express, are connected to the Adani Group. The magazine used data from offshore corporate service provider Trident Trust to support this assertion.