Miscellaneous News

siegecrossbow

General
Staff member
Super Moderator
I didn't quite get this example, could you please elaborate?

Say we have Adani Cow Urine India that made $10M in FY21 and $5M in FY22. To not report a drop of $5M, Adani starts a shell company Adani Cow Urine Singapore sometime in FY22, but how does that help him? If Adani Cow Urine India doesn't report revenue for FY22 but Adani Cow Urine Singapore does, doesn't everyone figure out that Adani Cow Urine Global has lower revenues overall?

You underestimate the power of a good accountant. Did you know that Forrest Gump “technically” lost money at the box office? Given enough financial wizardry, anything is possible.
 

RedMetalSeadramon

Junior Member
Registered Member
I didn't quite get this example, could you please elaborate?

Say we have Adani Cow Urine India that made $10M in FY21 and $5M in FY22. To not report a drop of $5M, Adani starts a shell company Adani Cow Urine Singapore sometime in FY22, but how does that help him? If Adani Cow Urine India doesn't report revenue for FY22 but Adani Cow Urine Singapore does, doesn't everyone figure out that Adani Cow Urine Global has lower revenues overall?

  • This offshore shell network also seems to be used for earnings manipulation. For example, we detail a series of transactions where assets were transferred from a subsidiary of listed Adani Enterprises to a private Singaporean entity controlled by Vinod Adani, without disclosure of the related party nature of these deals. Once on the books of the private entity, the assets were almost immediately impaired, likely helping the public entity avoid a material write-down and negative impact to net income.
The Adani Cow Urine Singapore isnt a public company, so dont have to report their account as intensively as a public company like Adani. It also isnt called something like Adani Cow Urine Singapore but more like CowPeeSingapore, the links are hidden and difficult to trace down, but its possible to do so by looking up the company ownership and shareholder in their tax reports. So something like CowPeeSingapore's 85% share holder being CowPeeSEA, who are 90% owned by BovineWaste Capital, who's shareholders are Vinod Adani (65%) Adani Energy (35%).

A proper accounting firm would be able to figure this out, but the accountants seems to be compromised in this case.
 

Helius

Senior Member
Registered Member
I should tell the people here they would be worshiped in Taiwan. Most are 100% Dutch after all. Also, my girlfriend is a citizen of both China and the Netherlands. Does that count in Taiwan? What if she became a SeeSeePee member? Would that cause blue screen on people like this?


BTW how do you even have a 1/78 ancestry of something? 78 is 2 * 3 * 13. Yes, 13.
So the 77/78 of what I assume to be his Chinese ancestry suddenly means jack? Imagine being able to pacify a race of people on those odds when all you need to prove is they have 1/78th of your genes.

Remember the black descendants of Thomas Jefferson? This man has more claim of being white AND from an actual American "royal" bloodline than that dude of being Dutch, I'd think -

 

pmc

Major
Registered Member
They are expecting about $12b from this LNG deals. If Japan and Korea cannot properly enforce sanctions now. at some point Arabs will demand priority in all manufacturing products of Korea and Japan. and considering there trade deficits and demographics collapse Japan and Korea will unable to provide anything to Europa. this even if they are allowed to pass Suez and Arabian airspace. why would some one buy a Korean tank in Europa when long term assurance of parts will become questionable. just look what is happening in Africa with French.

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!
Japanese officials frame the continued use of Sakhalin as an energy security imperative, and warn that withdrawing could see China enter the projects.
 
Top