Adani group is beyond suspicion: Advocate Mukul Rohatgi

Advocate Mukul Rohatgi said on Friday that the report submitted by the committee mentions that the Adani group is beyond suspicion. In a relief to embattled billionaire Gautam Adani, a Supreme Court-appointed expert committee said it has found no evidence of stock price manipulation in Adani group companies, while a separate Sebi probe into alleged violation in money flows from offshore entities has "drawn a blank". The six-member panel, however, said there was evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research that alleged fraud, stock manipulation, and money laundering at the apples-to-port group.