Sibling of Indian conglomerate’s founder played key role in activities questioned by U.S. short seller; company says brother had no managerial role

Photo: Prakash Singh/Bloomberg News

Gautam Adani is the public face of Adani Group, the sprawling Indian conglomerate that has been accused by an American short-seller firm of stock manipulation and accounting fraud.

Behind the scenes, another family member has played a pivotal role in the company—and the activities that critics say misled investors: his elder brother, Vinod Adani.

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