Backers from New York to Tokyo limit exposure to Adani


Gautam Adani's interests, which include ports, power plants and coal mines, have fallen in value by more than US$100bil (RM427.3bil) since Hindenburg Research’s fraud allegations last week. — Reuters

FINANCIAL institutions from New York to London and Tokyo are dissecting their exposure to the empire of Gautam Adani, who was Asia’s richest man only a few days ago.

The billionaire’s interests, which include ports, power plants and coal mines, have fallen in value by more than US$100bil (RM427.3bil) since Hindenburg Research’s fraud allegations last week.

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Adani , bankers , fraud , allegations , denial , exposure , centralbank ,

   

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