Indian Regulator Clears Adani of Hindenburg Fraud Allegations

Establishment-critical narrative

SEBI’s clean chit to Adani reeks of institutional failure, not regulatory rigor. Observers call its handling of the Hindenburg scandal “a textbook example of how not to act,” exposing silence, conflicts, and compromised oversight. By shielding the powerful while dismissing credible allegations, SEBI has shredded its own credibility and imperiled investor trust.