Archive · 19 Sep 2025
Singapore Police Reviewing Claims Against Vedanta
A company called Vedanta is being looked at by the Singapore police.
A group called Viceroy Research says that Vedanta improperly used a loan to pay out dividends to its investors, making it seem like the company had more money than it did.
Viceroy claims Vedanta may have used a loan and accounting tricks.
Vedanta denies these claims and says they followed all the rules.
The police are reviewing the accusations to see if they are true.
Singapore Police are reviewing a claim against Vedanta Ltd.
Viceroy Research alleges Vedanta improperly funded its 2024 dividend.
Vedanta denies the allegations, calling them baseless.
Viceroy claims Vedanta used a loan to boost its dividend.
The SPF is reviewing the complaint, but no investigation is underway.
- Who
- Singapore Police Force, Viceroy Research, Vedanta Ltd
- What
- Review of allegations about Vedanta Ltd's dividend funding
- When
- 2024 (dividend), August 7 (Viceroy letter)
- Where
- Singapore
- Why
- To assess the validity of allegations of improper dividend funding
- Subject
- Vedanta Ltd dividend funding
- Allegation
- Improper funding of 2024 dividend
- Accuser
- Viceroy Research
- Involved Parties
- Vedanta Ltd, Singapore Police Force (SPF), Viceroy Research
- Alleged Method
- Using a $900 million loan to inflate reserves
- Vedanta's Stance
- Allegations are baseless