Experts Speak to NDTV on Hindenburg Case Petitioners: Fishing Inquiry Not Possible

Experts Speak to NDTV on Hindenburg Case Petitioners: Fishing Inquiry Not Possible

The Supreme Court of India has raised doubts about a report targeting the Adani Group that was funded by billionaire George Soros. The court questioned why foreign reports should be taken as truth without sufficient evidence. Chief Justice of India DY Chandrachud told the petitioner’s lawyer, Prashant Bhushan, that a publication’s work cannot be treated as a gospel of truth. The report in question was produced by the Organised Crime and Corruption Reporting Project (OCCRP), which alleged insider trading in the Adani Group by two foreign investors. The Adani Group has dismissed these allegations as recycled and part of a concerted effort by Soros-funded interests to revive a previous report. Experts have commented on the Supreme Court’s stance, with some highlighting the importance of concrete evidence and questioning the credibility of the report. They also criticized the petitioners for questioning the integrity of the panel appointed by the court and suggested that the report may have been politically motivated. In conclusion, the court’s skepticism and emphasis on evidence highlight the need for substantial proof before making accusations against regulated institutions and statutory bodies.