Couple of months after the US-based short seller, Hindenberg Research, came out with a nefarious and explosive report on the Adani Group, the OCCRP (Organised Crime and Corruption Reporting Project ), an organisation funded by infamous George Soros and the Rockefeller Brothers Fund – is all set to unleash a series of alleged ‘expose’ on multiple corporate houses in India.
Founded in 2006, OCCRP claims to specialize in reporting on organized crime and largely publishes these news articles through partnerships with media houses. It is a global network of investigative journalists which “exposes crime and corruption so the public can hold power to account”, says the description on its website. The group is planning to publish a report or a series of articles on certain corporate houses in India.
It added that the ‘expose’ may involve overseas funds investing in the stocks of the corporate houses. These firms have not yet been identified but agencies are reportedly keeping a close eye on the capital market.
On its website, OCCRP lists Open Society Foundations, a philanthropic organization established by George Soros, as one of the “institutional donors that make our work possible”. Others include the Ford Foundation, the Rockefeller Brothers Fund and the Oak Foundation.
Who is George Soros?
George Soros is a Hungarian-born American billionaire and a known India baiter since Narendra Modi became prime minister in 2014, said after the Hindenburg report had created ripples: “In India, Modi and business tycoon Adani are close allies. Their fate is intertwined. Adani Enterprises tried to raise funds in the stock market but failed…Modi will have to answer on Adani in Parliament. This will significantly weaken Modi’s stranglehold on India’s federal govt. I expect a democratic revival in India…I could be foolish, but I think democracy will flourish again.”
Is Soros planning to disrupt Indian Economy before 2024 Elections?
It seems George Soros and his entire ecosystem is planning to replicate the Hindenberg attack to disrupt the Indian economy. The Hindenberg report which came out in January accused the Adani group companies of stock manipulation and accounting fraud. The stocks of the Adani Group tumbled and Gautam Adani’s position as the richest Indian in the world was dethroned by Reliance Industries Chairman and Managing Director Mukesh Ambani. At the same time, hundreds of thousands of investors lost their hard earned money.
After the accusation by Hindenberg on the Adani Group sparked a major controversy, George Soros said Prime Minister Narendra Modi would “have to answer questions” from foreign investors and Parliament on the charges against the conglomerate. His remarks were sharply criticised by the ruling Bharatiya Janata Party (BJP) which said George Soros not only attacked PM Modi but also targeted the Indian democratic system.
Can India withstand another Hit Job like Hindenberg?
Though in the immediate aftermath of Hindenburg report Adani stocks badly tumbled, a political storm erupted, opposition Congress and its allies forced complete washout of winter session of Parliament, all kinds of allegations were made against the Modi government by its known critics and political rivals, but as the time passed people and investors saw through the possible game in that foreign-originated report, Adani stocks gained upward momentum and the Supreme Court-appointed committee led by former Supreme Court Justice AM Sapre on the Adani-Hindenburg issue came to a conclusion that “prima facie no regulatory failure on part of the SEBI around the allegation of price manipulation”.
It seems Indian economy is quite stable and growing as well. The fundamentals and foundations are quite strong, and it appears that it can withstand such nefarious attacks. However, we expect that Indian Government must take adequate measures (both inside and outside) to ensure such anti-national elements are handled adequately, and their nefarious agendas must be diffused before hand.
