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A London lawsuit is scrutinizing Nomura Holdings Inc.’s loans to an investment fund connected to the Adani Group controversy. The legal action involves allegations of mismanagement and potential conflicts of interest regarding how Nomura structured and serviced the debt. This scrutiny arises amidst the broader context of a short-selling firm’s allegations against Indian billionaire Gautam Adani, casting a spotlight on the financial institutions that supported entities linked to the conglomerate. The case aims to uncover details behind the lending decisions made during this turbulent period.
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