Offshore fund used by Buch nestled in Bermuda, not Mauritius
The news of where IPEplus Fund 1 was registered is important because it is part of a bunch of offshore funds, almost all of them registered out of Bermuda, which Hindenburg alleges were used by Vinod Adani, the older brother of Adani group chairman Gautam Adani, to manipulate the share prices of some of the