Hindenburg definitely had a Chinese connection, Indian aides should also be investigated: Mahesh Jethmalani

New Delhi:

Ever since the market regulator Securities and Exchange Board of India (SEBI) issued notices to US short sellers Hindenburg and Mark Kingdon, the SEBI report has revealed several revelations of collusion between Hindenburg and Kingdon and now eminent lawyer Mahesh Jethmalani has not only accused American short seller and American businessman Kingdon. has been exposed, but it has also exposed the Chinese connections of those behind the conspiracy against the Adani group and raised questions about the Indian personalities who might be behind the conspiracy.

Mahesh Jethmalani wrote on the micro-blogging website that the following facts have come to light…”

Mahesh Jethmalani then referred to the nexus between Hindenburg and Kingdon and the role of Kotak Mahindra Bank in his tweet, writing, “1. Hindenburg Research Agency was appointed by American businessman Mark Kingdon to prepare a report on the Adani group. … 2. Kingdon was approached. .Kotak’s international investment arm, KMIL, will set up an offshore fund and offshore accounts for the purchase and sale of Adani shares, thus giving rise to the Kotak India Opportunity Fund (KIOF)…”

Here’s a huge smoking gun in a disgusting episode of short selling #Adani Share by #Hindenburgaccording to #SEBIInstructions to Hindenburg, the following facts emerge:
1. Hindenburg – a research agency – was taken over by an American businessman #markkingdon To prepare a report on… https://t.co/yar0uEuarm

— Mahesh Jethmalani (@JethmalaniM) July 4, 2024

After this Mahesh Jethmalani also clearly mentioned Kingdon’s Chinese connection in the conspiracy and wrote, “3. KIOF shorted a large number of shares of Adani Group companies through Mauritius route before the Hindenburg Report was prepared. Positioned . . . funds for this ( US$40 million) was provided by Kingdon’s master fund, in which the Kingdon family has a significant stake, including Kingdon’s high-profile wife Annala Chang.

After this, Mahesh Jethmalani clearly highlights Annala Chang’s nexus and sympathies with China and writes, “Whatever happened, all the details have been revealed so far, but the concrete evidence that is still hidden is that Annala Chang was a is a Chinese-American who is a highly influential lobbyist working for China’s interests in the United States… Annala Chang was once the CEO of SupChina, a pro-China media corporate initiative… but SupChina morphed into an entity called The China Project Accused under oath in Congress that it distorts the news in China’s interests However, later, some US senators (lawmakers) demanded an investigation into the subversive activities of The China Project and its ties to the Chinese Communist Party, and then there was The China Project. But stop…”

After this, Mahesh Jethmalani in his tweet also questioned the Indian helpers of the conspirators against the Adani group and suggested SEBI to investigate them. He wrote, “Several issues need to be investigated in depth… 1. Who introduced the Kingdon family to KMIL… What precautions did KMIL take regarding the Kingdon family… Did KMIL participate in short selling by being myself? Party… ?”

Mahesh Jethmalani then clearly writes, “2. Were all the Indian actors – politicians, businessmen or financial intermediaries – who helped Hindenburg prepare and publish his Adani report after the short selling, were they aware of the purpose of the short selling and did they Was it financially beneficial?

At the end of his tweet, Mahesh Jethmalani put the ball in SEBI’s court by asking a final question, “3. Did KMIL and those Indian characters know about Hindenburg’s Chinese connection…? Let’s go to SEBI…”

Mahesh Jethmalani has also previously written that a campaign is being waged to undermine the Indian multinational Adani Group, which has thwarted China’s plans for global reach because of its capabilities. Adani Group won the contract for a coal project near Jaffna in Sri Lanka against a Chinese bid. The Adani group withdrew its rail line construction plans near its own coal project in the Galilee Basin in Australia to avoid serving a nearby sugar plant, making the Chinastone project completely unviable. Apart from this, Adani Group also bid higher than China to buy the port in Haifa, Israel.

(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani group company.)