The intelligence wing of the Indian Ministry of Finance, the Directorate of Revenue Intelligence (DRI), has raised allegations that a firm linked to Adani's infrastructure projects is owned by a Chinese national.
Allegations have been made by an Indian government investigative agency against part of the Adani Group. The companies concerned have been accused of ‘over-invoicing’, a practice in which goods are routed through an intermediary that artificially infates the price in order to create...
