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Neal Shukla
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Neal Shukla retweetledi
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Neal Shukla retweetledi
Neal Shukla retweetledi
Neal Shukla retweetledi
Neal Shukla retweetledi
Neal Shukla retweetledi
Neal Shukla retweetledi
Neal Shukla retweetledi
Neal Shukla retweetledi

SEBI has conflicted people and even the committee to oversee has people with conflict of interest. Best Friend ko bachane ke liye will go to any extent.
m.economictimes.com/news/india/scs… via @economictimes
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The stench around allegations of money-laundering and round-tripping against the Adani Group has become even stronger.
The Mauritius equivalent of SEBI, the Financial Services Commission (FSC), revoked the licences of the controlling shareholder of two Adani-linked funds in May 2022 for violating several laws including the Financial Services Act, the Securities Act, the Financial Intelligence and Anti-Money Laundering Regulations (2003 and 2018) and the Code on the Prevention of Money Laundering and Terrorist Financing.
Even as SEBI professes helplessness, ironically Mauritian regulators have taken stringent action against suspect Adani-linked entities.
Note that Emerging India Fund Management, whose licenses were revoked on these serious grounds, controlled the two funds that were conduits for Vinod Adani associates Nasser Ali Shaban Ahli and Chang Chung-Ling. Ahli and Chang made dubious investments to Adani companies through these very funds.
Will SEBI awake from its Modi-made slumber?
Why is it failing to inspire confidence that it will act as a fair regulator of capital markets and protect the interests of shareholders?
This is simply more evidence that nothing will happen on the Adani MegaScam unless a JPC is instituted in the special Parliamentary session.


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@dmuthuk Nobody can predict the future...any thing can happened
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