#ponziallegations

[businessviewpointmag]

Vedanta Under Fire: Short-Seller Viceroy Accuses Parent Company of Ponzi-like Structure

Viceroy Research Accuses Vedanta’s Parent Company of Operating Like a Ponzi Scheme | Business Viewpoint Magazine

Viceroy Research alleges that the parent entity behaves like a “parasite,” drawing liquidity from Vedanta Ltd to repay its mounting debt, ef