Rati Parker

Here’s a huge smoking gun in the sordid episode of the short sale of #Adani shares by #Hindenburg. Pursuant to #SEBI's notice to Hindenburg, the following facts emerge: 1. Hindenburg - a research agency - was hired by American businessman #MarkKingdon to prepare a report on the Adani Group 2. #Kingdon approached #Kotak’s International Investment arm (KMIL) to set up an offshore fund and offshore accounts to trade in Adani shares. Thus came into existence Kotak India Opportunity Fund (KIOF). 3. KIOF took large short positions in Adani shares through the #Mauritius route before the preparation of the Hindenburg report. The funds for the trade ($40 million) were provided by Kingdon’s Master Fund, a substantial shareholding in which is owned by the Kingdon family including his very high profile wife #AnlaCheng. 4. While all the foregoing is now in the public domain, the smoking gun not hitherto known is that Anla Cheng - a Chinese American - is an influential lobbyist for #Chinese interests in the US. She was the CEO of #SupChina a pro China media corporate initiative which morphed into an entity called The China Project after a whistleblower accused SupChina of news subversion in China's interest in a sworn statement before the US Congress. #TheChinaProject shut down after calls for an investigation into its subversive activities by some US senators including having links with the Chinese Communist Party. The latter clearly has a bone to pick with the Adani group. (See my earlier tweet on X below) Some issues need to be thoroughly investigated: 1. Who introduced the Kingdons to KMIL, what due diligence was conducted by KMIL regarding the Kingdons and did it participate in the short sell as a principal? 2. Did all the Indian actors - politicians, businessmen and financial intermediaries who aided Hindenburg with the preparation of its Adani report and its publication after the short sale know about its short selling motives and did they financially benefit from it? 3. Did KMIL and the said Indian actors know about the Chinese connection behind Hindenburg ? Over to #SEBI.

#JairamRamesh is a consummate liar. The #INC attack on the #Adani group was not an attack on “crony capitalism” but a campaign to undermine an Indian multinational that had successfully on merit thwarted Chinas global outreach by winning contracts against Chinese bids for coal projects near Jaffna in #SriLanka, rendering the #ChinaStone project in Australias #GalileeBasin near Adani’s own coal project unviable by scaling down its rail line construction plan so that it would not serve the Chinese plant ,and outbidding China for the purchase of a port in Israel’s #Haifa. In sum the #INC under #RahulGandhi & mentor Jairam is a contractual agent ( if I’m wrong let’s have that MOU in the public domain Jairam) for promoting Chinese strategic interests and sabotaging Indian corporates that serve India’s geopolitical aims