How Adani allegedly siphoned money from India

Following the trail of one of the allegedly inflated invoices

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Mauritius

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Adani allegedly pays Dubai company $4,285,010 (markup of 1,300%)

 

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Dubai company allegedly owned by Adani-controlled trust based in Mauritius

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Dubai company purchases electrical equipment from company in China for US$329,586

 

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Equipment shipped directly to Adani in India

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Dubai company purchases electrical equipment from company in China for US$329,586

 

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Equipment shipped directly to Adani in India

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Adani allegedly pays Dubai company $4,285,010 (markup of 1,300%)

 

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Dubai company allegedly owned by Adani-controlled trust based in Mauritius

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Mauritius