<p>The CPI(M) demanded a high-level enquiry into charges of alleged irregularities made by a US-based investment research firm against the Adani Group.</p>.<p>The Adani group has, however, trashed the charges which were made in a report by US-based Hindenburg Research.</p>.<p>CPI(M) general secretary Sitaram Yechury who made the demand at a press conference here on Sunday also wanted the probe to be monitored by the Supreme Court.</p>.<p>"The CPI(M) demands that the Centre constitute a high-level enquiry team, involving all concerned ministries. The probe should be monitored by the Supreme Court on a day-to-day basis till the enquiry is completed. The interest of the country has to be protected," Yechury told reporters here.</p>.<p>Hindenburg Research, earlier this week, released a report and alleged that the Adani Group had "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".</p>.<p>The disclosure sparked a USD 51-billion sell-off in shares of the group companies over two trading sessions.</p>.<p>The Adani group has, however, rubbished the charges and termed the report as a "malicious combination of selective misinformation and stale, baseless and discredited allegations".</p>.<p>The veteran CPI(M) leader alleged "involvement of the finance and the foreign ministries" in the issue.</p>.<p>Yechury said the government "will have to take measures to ensure that all the allegations are properly investigated".</p>
<p>The CPI(M) demanded a high-level enquiry into charges of alleged irregularities made by a US-based investment research firm against the Adani Group.</p>.<p>The Adani group has, however, trashed the charges which were made in a report by US-based Hindenburg Research.</p>.<p>CPI(M) general secretary Sitaram Yechury who made the demand at a press conference here on Sunday also wanted the probe to be monitored by the Supreme Court.</p>.<p>"The CPI(M) demands that the Centre constitute a high-level enquiry team, involving all concerned ministries. The probe should be monitored by the Supreme Court on a day-to-day basis till the enquiry is completed. The interest of the country has to be protected," Yechury told reporters here.</p>.<p>Hindenburg Research, earlier this week, released a report and alleged that the Adani Group had "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".</p>.<p>The disclosure sparked a USD 51-billion sell-off in shares of the group companies over two trading sessions.</p>.<p>The Adani group has, however, rubbished the charges and termed the report as a "malicious combination of selective misinformation and stale, baseless and discredited allegations".</p>.<p>The veteran CPI(M) leader alleged "involvement of the finance and the foreign ministries" in the issue.</p>.<p>Yechury said the government "will have to take measures to ensure that all the allegations are properly investigated".</p>