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Adani Scam

The Adani mess - if only the guilty had been punished then

By Sanjay Kapoor

The expose of the Adani group by Hindenburg Research that raises damning questions about the absence of regulation in the country - is getting murkier by the day. But the Belekeri port scam in which a colossal quantity of iron ore was stolen and shipped to China provides both evidence and perspective on how billionaires in India were built.