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Gautam Adani meets Sharad Pawar at his residence in Mumbai: Party sources

Hindenburg has alleged stock manipulation and accounting fraud in firms belonging to billionaire Adani leading to demands of a JPC probe into the allegations by the opposition led by the Congress. 

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Mumbai: Industrialist Gautam Adani on Thursday met NCP chief Sharad Pawar at his residence in south Mumbai, the sources in the party confirmed this.

The meeting follows Pawar’s recent statement that he is not opposed to a Joint Parliamentary Committee probe into the charges made by Hindenburg Research against the Gujarat-based business house but a Supreme Court committee will be more useful and effective.

Hindenburg has alleged stock manipulation and accounting fraud in firms belonging to billionaire Adani leading to demands of a JPC probe into the allegations by the opposition led by the Congress. 

Earlier Pawar had came out in support of the Adani Group and criticised the narrative around Hindenburg Research’s report on the conglomerate, saying that he felt that the business group was “targeted” and that he was not aware of the antecedents of the US-based short-selling firm.

However, a day later Pawar claimed that he was in favour of a Supreme Court-monitored investigation over a JPC report.

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