Vinod Adani among 66 Indians who got Cyprus’ ‘golden passport’, reports ‘The Indian Express’ - News Summed Up

Vinod Adani among 66 Indians who got Cyprus’ ‘golden passport’, reports ‘The Indian Express’


Vinod Adani, the elder brother of industrialist Gautam Adani, was among 66 Indians who got the citizenship of Cyprus through a “golden passport” scheme between 2014 and 2020, The Indian Express reported on Wednesday. The “golden passport” scheme, also called the Cyprus Investment Programme, was introduced by the West Asian island country in 2007 to grant citizenship to financially prominent individuals with an aim to bring in foreign direct investments. While Vinod Adani holds a Cyprus passport, he has been living in Dubai since the 1990s. In February, United States-based investment firm Hindenburg Research alleged that Vinod Adani was the key negotiator of the Adani Group for raising funds from the international market. Also read:Who is Vinod Adani, the mysterious elder brother at the heart of the Adani crisis


Source: Indian Express November 15, 2023 10:13 UTC



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