Archive · 19 Sep 2025

Singapore Police Reviewing Claims Against Vedanta

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.

Sources