Article 39G7B Adani mining giant likely to face fresh scrutiny over financial fraud allegations

Adani mining giant likely to face fresh scrutiny over financial fraud allegations

by
Michael Safi in Delhi
from Environment | The Guardian on (#39G7B)

India's finance secretary has called for decision clearing company of allegations of siphoning huge sums into tax havens to be reviewed

The Adani Group is likely to again have to answer allegations it siphoned more than US$600m (445m) into overseas tax havens after senior Indian finance authorities recommended an appeal of a judgment clearing the mining giant.

The Indian finance secretary has confirmed to local media the August decision clearing the Adani Group had been reviewed by senior officials in November who ordered an appeal to be lodged by 14 December.

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