All you need to know about OCCRP, the entity behind report claiming Adani associates of trading public shares
The latest report by the Organised Crime and Corruption Reporting Project (OCCRP) against Adani Group has erupted a new political and economic storm in India. The report has alleged Gautam Adani's family of investing millions of dollars in its own companies via “opaque" Mauritius funds. The report mentions two of company associates, Chang Chung-Ling and Nasser Ali Shaban Ahli, and alleges them of investing heavily in Adani group's companies shares since 2013.
The fresh set of allegations have been rejected by the Adani Group. The conglomerate has called the new claims a mere ‘rehash of allegations made by Hindenburg’ in January this year. The group also called the report to be another “concerted bid by Soros-funded interests supported by a section of the foreign media to revive the meritless Hindenburg report." The OCCRP, which is claimed of belonging to a section of the foreign media, is an organisation which is formed by 24 non-profit investigative centres.
It is spread across Europe, Africa, Asia and Latin America. The organisation was founded by Drew Sullivan and Paul Radu. Its board of directors include Marina Gorbis, David Boardman, Anders Alexanderson, Sue Gardner, Sanita Jemberga, Tifani Roberts, Drew Sullivan, and Paul Radu.
The entity was also involved in the coverage of Pegasus spyware as well as Panama Papers leak. The group aims to develop and equip a global network of investigative journalists and publish their stories. With this, OCCRP exposes crime and corruption so the public can hold power to account.
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