New Delhi [India], January 16 (ANI): After, Hindenburg Research founder disbanded the US based short-seller, former Chief Information Commissioner YK Sinha believes that there was clearly an agenda behind bringing down reputed groups and companies.
He also questioned the timing of the decision coming days before Donald Trump will be assuming office as the President of the United States for his second term.
On Hindenburg Research disbanding, Sinha said, “If I say I was surprised, that would not be an accurate assessment because I think things have changed since this rather politically motivated report started coming out from Hindenburg. The time is interesting, four days before President Trump is assuming office as President for the second time. So, the person backing Hindenburg, Nathan Anderson, is backing away; he is leaving. I think that is a message in itself as to what to expect really because I think it was quite clear that there was an agenda behind…to bring down reputed groups and companies…”
Replying to a query, he said, “As far as we in India are concerned, I think we can only be amused at the turn of events that are taking place as far as Hindenburg is concerned.”
Meanwhile, senior Advocate Mahesh Jethmalani and other prominent legal experts have strongly criticised Hindenburg Research’s decision to disband, branding it a ‘run for cover’ in light of alleged connections to financier George Soros.
The move has sparked accusations of economic terrorism, with experts arguing that it is part of a broader scheme to destabilise markets.
On Hindenburg Research’s disbanding, Senior Advocate Mahesh Jethmalani said, “Either he has already been sounded out by investigating authorities in the US or he fears that he will be investigated for his role in the attempt to shake India’s economy by bare hammering of Adani shares.”
“He was being used probably by the democratic deep-state controlled by George Soros. He has now made a run for cover. When you try to destabilise an economy, it is economic terrorism. Given the fact that it was George Soros who was behind this attempted economic devastation of India, the signal seems to be that we can control you by controlling your economy,” he said.
Advocate PR Ramesh, a prominent lawyer, (expert in SEBI matter) provided his expert opinion on the Hindenburg issue, particularly focusing on SEBI regulations and the ongoing investigation.
He stated, “The show-cause notice issued by SEBI and the ongoing investigations could have played a role in the shutdown of Hindenburg Research. It is crucial for authorities to thoroughly investigate whether there was any conspiracy to deliberately destabilise Indian markets.”
He further emphasized the importance of the Indian Supreme Court’s intervention, adding, “Fortunately, the Indian Supreme Court took the correct stand, which ultimately helped protect the stability of Indian markets from further damage.”
The founder of the US-based short seller Hindenburg Research, Nate Anderson, announced on Thursday that he has decided to close down the operations of his firm. (ANI)
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