Most Asian does that and Never get caught due to Politian friend and corruption....Adani over done that ...May be He wanted to become Richest person in the world......In hurry of being No.1 He just messed up I think......This recent report has nothing new...everybody knew what is going on...Nobody dare to question them as they are very powerful and Friend of PM modi ..Very close to current government...Modi is Most powerful leader of Modern India...He is the Boss in India (Just google seach about him)...

IMHO...His wrong doing is very hard to prove in court...Which law he broke ? It is the tax heaven low level KYC rule is real culprit...Past year some member of parliament raise the same issue but nothing happen after few day everybody forget it ...Now this Firm come up with same finding with long research paper......Honestly speaking You can create headline in newspaper by this report ...but In eye of court there is nothing wrong...Elara, Cresta and Albula this type of tax heaven shell company are the biggest culprit. You can do nothing about It....Just see their Dubai DMCC companies website

adaniglobalinvestment.com

kommercetrade.com

emidmcc.com

It is joke ...These companies are playing with millions every day...Just read Adani power annual report ...You fell from chair by laugh when you read the name of their subsidiary .But You can not put someone on jail for their poor website design or funny company name...Adani knew how to play with rule...You can compare modus operandi is same as FTX.....but FTX very small compare to Adani...Gautam adani recently become very vocal in Media and giving too many interview like SBF and preach same BS like SBF....There is very slim chance that He end like SBF FTX....but nobody knew what will happen ....?

sorry for long post ..Hope I convey my message....