{"id":1834263,"date":"2023-02-03T14:05:20","date_gmt":"2023-02-03T19:05:20","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1834263"},"modified":"2023-02-03T14:09:37","modified_gmt":"2023-02-03T19:09:37","slug":"allegedly-fraudulent-indian-company-that-lost-100-billion-was-heavily-involved-in-esg-movement","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/allegedly-fraudulent-indian-company-that-lost-100-billion-was-heavily-involved-in-esg-movement\/","title":{"rendered":"Allegedly Fraudulent Indian Company That Lost $100 Billion Was Heavily Involved In ESG Movement"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fallegedly-fraudulent-indian-company-that-lost-100-billion-was-heavily-involved-in-esg-movement%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1834263&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<p>Adani Enterprises is the flagship publicly traded company of Adani Group. It is also one of the largest Indian companies. <a href=\"http:\/\/dailywire.com\/topic\/fraud\" target=\"_blank\" rel=\"noopener\">money laundering<\/a>.<\/p>\n<p>Gautam Adani is the valuation agent for the firm. <a href=\"https:\/\/www.forbes.com\/real-time-billionaires\/#279614163d78\" target=\"_blank\" rel=\"noopener\">richest<\/a> Artificially inflating men around the world. \u201ca brazen stock manipulation and accounting fraud scheme over the course of decades,\u201d A two-year analysis of the market. <a href=\"https:\/\/www.dailywire.com\/news\/indian-company-loses-100-billion-after-american-researchers-say-they-run-the-largest-con-in-corporate-history\" target=\"_blank\" rel=\"noopener\">investigation<\/a> Hindenburg Research, an American forensic financial firm, released this week. Analysts discovered shell companies and diamond trading frauds that were used by family members to boost the stock price.<\/p>\n<p>Adani Enterprises, which lost more than $100 Billion on the stock exchange, will be restructured. <a href=\"https:\/\/www.spglobal.com\/spdji\/en\/documents\/indexnews\/announcements\/20230202-1461140\/1461140_djsi-adani-20230202.pdf\" target=\"_blank\" rel=\"noopener\">Removed<\/a> The Dow Jones Sustainability Indices have been consulted over the \u201callegations of stock manipulation and accounting fraud.\u201d The company is <a href=\"https:\/\/portal.csa.spglobal.com\/survey\/documents\/DJSIComponentsEmergingMarkets_2022.pdf\" target=\"_blank\" rel=\"noopener\">Listened<\/a> The Sustainability Emerging Markets index also includes companies from China and other developing countries.<\/p>\n<p>The following investment products are available <a href=\"https:\/\/www.spglobal.com\/esg\/performance\/indices\/djsi-index-family#:~:text=The%20Dow%20Jones%20Sustainability%20Indices,convictions%20in%20their%20investment%20portfolios.\" target=\"_blank\" rel=\"noopener\">Advertisement<\/a> As \u201cbest-in-class benchmarks for investors who have recognized that sustainable business practices are critical to generating long-term shareholder value and who wish to reflect their sustainability convictions in their investment portfolios.\u201d Adani Enterprises likewise <a href=\"https:\/\/ungc-production.s3.us-west-2.amazonaws.com\/commitment_letters\/102361\/original\/APL_UNGC_Letter.pdf?1481805018\" target=\"_blank\" rel=\"noopener\">Submitted<\/a> The company has indicated to the United Nations that it supports the Global Compact. This voluntary agreement is not binding <a href=\"https:\/\/www.unglobalcompact.org\/about\" target=\"_blank\" rel=\"noopener\">Initiative<\/a> Based on commitments to implement \u201cuniversal sustainability principles\u201d Such as labor rights, human rights, the environment, and anticorruption measures. The company published a long sustainability report. <a href=\"https:\/\/www.adanienterprises.com\/-\/media\/Project\/Enterprises\/Sustainability\/document\/AEL%20Sustainability%20Report%202022.pdf\" target=\"_blank\" rel=\"noopener\">Report<\/a> Reflects adherence to the Environmental, Social, and Corporate Governance Movement, also known as ESG.<\/p>\n<p>Adani Group has interests in various sectors including port management and electric power. Adani Enterprises shares have fallen from 3,442 rupees (40.58) the day Hindenburg Research published its investigation results to 1,531 rupees (18.59) Friday. Hindenburg Research stated that they had taken a short position through American-traded bonds, and other derivatives. Following the release of the report last Thursday, Adani fell from the third to the 17th richest person on Earth.<\/p>\n<p>Adani Group published &#8220;Adani Group&#8221; <a href=\"https:\/\/assets.bwbx.io\/documents\/users\/iqjWHBFdfxIU\/rPxvSL..aP0g\/v0\" target=\"_blank\" rel=\"noopener\">Document<\/a> Call Hindenburg Research executives \u201cMadoffs of Manhattan\u201d And they stated that the investigation was based upon. \u201cselective misinformation and concealed facts.\u201d Hindenburg Research was also accused by the company of launching an advertisement \u201cattack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India,\u201d Investors will be led to <a href=\"https:\/\/hindenburgresearch.com\/adani-response\/\" target=\"_blank\" rel=\"noopener\">You can rebut<\/a> This document \u201clargely confirmed our findings and ignored our key questions.\u201d<\/p>\n<p>Adani Group follows other fraudulent companies that have <a href=\"https:\/\/www.dailywire.com\/news\/how-sam-bankman-fried-weaponized-wokeness-to-dupe-progressive-investors\" target=\"_blank\" rel=\"noopener\">taken advantage<\/a> of investors\u2019 appetites for socially conscious companies.<\/p>\n<p>Elizabeth Holmes, founder of Theranos&#8217;s defunct healthcare venture, has been widely recognized as one of Silicon Valley&#8217;s most successful female entrepreneurs before she was <a href=\"https:\/\/www.dailywire.com\/news\/breaking-elizabeth-holmes-disgraced-media-darling-behind-theranos-fraud-sentenced-to-11-years-in-prison\" target=\"_blank\" rel=\"noopener\">Sentenced<\/a> To federal prison for fraud charges. Sam Bankman-Fried was the founder of the bankrupt cryptocurrency exchange FTX. He lost billions of customer assets by commingling funds with his trading company. \u201cperverted beyond recognition\u201d And <a href=\"https:\/\/www.dailywire.com\/news\/how-sam-bankman-fried-weaponized-wokeness-to-dupe-progressive-investors\" target=\"_blank\" rel=\"noopener\"><\/a> He created trust among them \u201cwoke westerners\u201d By emphasizing his self-professedness \u201ceffective altruism.\u201d<\/p>\n<p>Pfizer was <a href=\"https:\/\/www.dailywire.com\/news\/pfizer-bragged-about-being-named-one-of-worlds-most-sustainable-companies-days-before-project-veritas-sting\" target=\"_blank\" rel=\"noopener\">Nominated<\/a> One of the \u201cmost sustainable companies\u201d The world saw footage of Project Veritas&#8217; official admitting that they were considering the mutation of coronaviruses. This was days before Project Veritas made the video public. Recently, Elon Musk <a href=\"https:\/\/www.dailywire.com\/news\/elon-musk-the-s-in-esg-stands-for-satanic\" target=\"_blank\" rel=\"noopener\"><\/a> You can find out more about social media \u201cthe S in ESG stands for Satanic\u201d It was formerly known as the investment philosophy. \u201cscam\u201d This is what it was. \u201cweaponized by phony social justice warriors.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Enterprises, the flagship publicly traded company operated by Adani Group and one of the largest companies in India, will be removed from the Dow Jones Sustainability Indices next week following claims that the multinational conglomerate benefited from money laundering. The valuation of the firm run by Gautam Adani, who is one of the richest &#8230;<\/p>\n","protected":false},"author":99,"featured_media":1834266,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[5696,4845,5425,7003,16169,17538,13989,7445,5987,5577],"class_list":["post-1834263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-5696","tag-allegedly","tag-company","tag-esg","tag-fraudulent","tag-heavily","tag-indian","tag-involved","tag-lost","tag-movement"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1834263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1834263"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1834263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1834266"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1834263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1834263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1834263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}