Adani’s Australian CEO was Director of Operations at another mining company when it poisoned a river in Zambia that people relied on to survive. Adani hid this from the Australian government. Adani can’t be trusted with Queensland’s water.
There have been deaths, illness and injuries at Adani workplaces. Reports show Adani have exploited and underpaid their workforce, including using child labour. Adani can’t be trusted to follow the rules and look after workers in Australia.
Adani uses dodgy tax havens in the Cayman Islands to hide assets and revenue. 13 of the 26 Adani subsidiaries registered in Australia are ultimately owned in the Cayman Islands. Companies who pay their taxes don’t register themselves in the Cayman Islands.
Adani was involved in a bribery scandal that involved bribing customs officials, the police, the State pollution control board and more. Companies who obey the law don’t have to pay bribes.
Adani’s Carmichael coal mine has become notorious for its sheer scale, and for the damage it will cause to the Great Barrier Reef, to vast quantities of groundwater, to the world’s climate, and to threatened species.
But the project’s proponent is also fast becoming one of the most controversial companies in the world.
Adani has a documented history of corruption, bribery, and human rights abuses across the world. It’s currently facing further criminal investigations for alleged involvement in multi-billion dollar fraud in India.
Despite Adani’s appalling track record, the mine’s unpopularity, and its enormous environmental and social impacts, Australian Queensland and Federal governments continue to support the Adani project.
Malcolm Turnbull’s Federal Government is now preparing to give Adani a $1 billion taxpayer-subsidised loan to build a rail line from the mine site to the associated coal port, Abbot Point. Polling shows 74.4% of Australians oppose public money being used in this way.
This report brings together new and previously documented evidence that shows Adani are, at their core, a dangerous, criminal organisation, not a viable proponent to be trusted with one of the most environmentally destructive projects in Australian history.
Adani’s corporate structure is deliberately convoluted and opaque. There are 26 Adani subsidiaries registered in Australia, 13 of which are ultimately owned through the Cayman Islands.
Many of the incidents, criminal charges and allegations outlined in this report involve various Adani subsidiaries. For this report, we’ll refer to them all simply as Adani.
If you are interested in finding out more about which particular Adani entity is culpable for, or stands accused of, the various crimes detailed in this report, please click here to download a detailed legal research briefing from Environmental Justice Australia and Earthjustice.
Adani’s sunken coal ship devastates tourism, beaches and marine life
In 2016 Adani and others were found liable for the spill and for failing to clean it up, and were fined the equivalent of AU $975 000.
The consignment of 60054 MT of coal has caused marine pollution and continues to be a cause and concern for environmental pollution. The Respondents are defaulting entities which have not complied with law and have adopted a most careless and reckless attitude in relation to protecting the marine environment.
-Key finding of the National Green Tribunal’s judgement
With this record of complete disregard for marine protection, Adani’s plan to ship 60 million tonnes of coal through the fragile Great Barrier Reef World Heritage area every year is of serious concern. Especially given the current lack of an emergency response plan for coal ship groundings, as demonstrated by the Shen Neng 1 coal ship, which has still not been cleaned up six years later.
Adani break the law to destroy environment in Mundra
“Irreversible and irreparable damage has been done to the area by the Adani Port and it is difficult to monitor the extent of the damage today. The mangroves have been destroyed and it has created an environmental disaster. â€¦The fisherfolk and common people affected by this degradation cannot fight such a big company.”
-Mahesh Pandya, an Ahmedabad-based environmentalist.
Adani illegally cleared 75 hectares of protected mangroves, flattened sand dunes, dredged the ocean, and blocked waterways. These activities created a diminished and diseased fish population, turned the groundwater saline, and flooded a village.
The outcome for the local villagers was catastrophic. Having traditionally relied on fishing and farming to survive, they are now left with barren land and oceans — their fish stocks decimated.
Villagers reported Adani using bribery and intimidation to silence anyone who tried to challenge them. 
The destruction in Mundra, and Adani’s flagrant violation of environmental law, stands as a stark warning of what Australia could face if we allow Adani to operate through the Great Barrier Reef and drain 12b litres of groundwater every year.
Adani’s Australian CEO oversaw Zambian pollution disaster, then hid it from Australian authorities
KCM discharged ‘pregnant liquor solution’ — highly acidic, metal-laden water generated from leaching in copper mining — into the river, which caused the river to change colour. Villagers who used to rely on the river for cooking, cleaning and bathing now say that, because of the pollution, people have become sick and died, the soil is barren, and the water smells foul and is orange-coloured. 1,800 Zambian villagers have filed a lawsuit against KCM to recover damages.
In November 2010, the Government of Zambia brought a successful criminal prosecution against KCM for this pollution and the harm it caused. Adani failed to disclose this incident when applying for approvals for the Carmichael mine, as required under Australian law.
“I used to grow cabbages, potatoes, tomatoes and bananas, but now, there’s no future here, only poverty and suffering because this land is damaged and spoilt.”
– Leo Mulenga, an affected farmer
Mining in the Galilee Basin will have a significant impact on the Carmichael and Belyando rivers, and the Great Artesian Basin — the sole water source for towns and farms across almost a quarter of Australia. Adani’s plans to drain 297 billion litres of groundwater over the lifetime of the Carmichael mine will have long-term impacts on aquifers and presents a huge risk to farmers and other people who rely on that water to survive.
Adani deprive 80 families of access to their fishing grounds at Hazira Port
In January 2016 Adani was ordered to pay $4.8 million AUD for compensation and restoration and had their environmental approval revoked.
Threats and police intimidation in land grab
Villagers and government officials say the Jharkhand Government has deliberately undervalued local villagers’ land to allow Adani to acquire the land at a fraction of the land’s real value. One legislator raised the issue in state assembly, contending landowners are expected to receive about one tenth of the value of their land.
Community meetings on the sale of the land have been surrounded by a heavy-handed, intimidating police presence. 
 Jharkhand: As BJP regime flouts norms to help Adani get land, media stays silent, Catch News, 13 December 2016
Bribery and illegal exports
the State Pollution Control Board,
the Port Department,
the Weight and Measurement Department,
in return for facilitating and hiding their illegal exports.
Also, Adani routinely accepted iron ore from traders who were not permitted to supply the ore. The Ombudsman concluded that this scam, in which Adani was a major player, resulted in the illegal export of around 7.7 million tonnes of ore between 2006 to 2010.
Six Adani Group companies are under investigation for lying about the quality and, hence value, of coal imported from Indonesia, allowing them to get away with charging higher prices, demanding public handouts, and driving up costs for Indian electricity customers. There is solid evidence that they’ve already ripped off their customers to the tune of over $200 million AUD.
Adani is also under investigation for a billion-dollar fraud, exaggerating the value of equipment imports into India by over 60%. Adani allegedly used an offshore holding company in Mauritius to siphon off much of the extra money from inflated invoices.
The Mauritius holding company is managed by Vinod Shantilal Adani, the older brother of Gautam Adani, and Chairman of the Adani group. Vinod is the sole director of a number of Singapore companies that own Adani subsidiaries in Australia. These companies are ultimately owned by a company registered in the Cayman Islands.
â€¦evidence gathered suggests that the total value declared for the goods imported was Rs 9,048.8 crore ($1.7 billion AUD) whereas the actual value was Rs 3,580.8 crore; a difference of Rs 5,468 crore which has been siphoned ($1.07 billion AUD).
Mate’s rates – undue benefit from political connections
While Modi was Chief Minister of Gujarat, Adani acquired vast swathes of land from farmers and locals in Mundra at a fraction of market value. It left locals across 14 villages dispossessed, and Adani clear to start construction.
Media reports revealed that the government sold 14,305 acres of land at Mundra to Adani at between 1 and 32 rupees per square metre (between 3 and 60 cents AUD), far less than offered to companies doing comparable projects.
Further, the Comptroller and Auditor General of India found that two pieces of forest land (1,840 hectare and 168.42 hectare) had been incorrectly classified, resulting in yet another undue benefit to Adani.
Price-gouging energy customers during power shortages
Adani’s competitors lined up to supply the people of Gujarat cheaper, long-term electricity but their tenders were blocked by the power authority. This resulted in massive price-hikes and ensured the only energy available was the highly expensive, short-term supply provided by Adani. Adani’s competitors subsequently brought litigation against the power authority for the price-gouging.
In 2014, Adani was found guilty of using its dominant market position to impose unfair conditions on gas customers. They were ordered to change their gas supply contracts and pay $4.8 million AUD.
Adani has run a long and fallacious moral campaign that the Carmichael mine will bring people out of energy poverty. This argument has been debunked by everyone from expert analysts to India’s own Energy Minister, who point out that solar power is already cheaper than imported coal, especially for the many low-income Indians who are still off the grid. But even if the argument were true, Adani’s track-record of price-gouging shows that it cannot be trusted to provide affordable power to Indian citizens.
Adani accused of deliberately ripping off taxpayers and laundering money while trading in cut and polished diamonds and gold jewellery
One of the more audacious alleged attempts to dodge taxes and hide the proceeds involved the trade of rough-cut diamonds and gold jewellery. Adani appears to have set up a complex web of front companies specifically to fleece Indian taxpayers by misusing various government export incentive schemes. Adani then attempted to hide its illicit profits by storing imported diamonds in a bond, then re-exporting them at artificially inflated prices.
The overwhelming weight of evidence collected by the Directorate of Revenue Intelligence was upheld in a civil court case, although it was later dismissed when the department actually tried to make Adani pay the money back.
“…it was pernicious and blatant misuse of the provisions of the Scheme…This Court…cannot come to the aid of such petitioners/exporters who, without making actual exports, play with the provisions of the Scheme and try to take undue advantage thereof.”
“The ownership structure of the proposed Galilee project, the Carmichael project, is totally opaqueâ€¦ The fact that the Northern Australia Infrastructure Fund Senator can’t actually answer who is the proponent – a basic question – means he shouldnâ€™t be offering a billion dollar taxpayer subsidy to an unknown proponent in tax havens. There’s no way you can do proper due diligence on that corporate structure.”
-Tim Buckley, Institute for Energy Economics and Financial Analysis
Adani’s Australian assets lead to tax havens
The ownership of the Abbot Point coal port is so shrouded in deception and confusion that it remains unclear who actually owns it.
There are massive discrepancies between what Adani says in India and what it says in Australia about the ownership structure of Abbot Point. But one thing is clear — Adani is lying to someone.
Accounts lodged in India have removed Abbot Point from a publicly listed Adani company and attributed ownership of the coal port to a private Singapore company, ultimately owned by an Adani family entity in the Cayman Islands. However, Australian financial accounts suggest the listed Indian company retains ownership of Abbot Point.
The absence of correct information about the ownership of Abbot Point may amount to misleading or deceptive conduct.
Dodgy financial statements
Adani are tax dodgers. In 2014-15 Adani paid no tax on $350 million revenue in Australia.
Adani’s opaque corporate structure poses another unacceptable risk to investors. If Abbot Point is ultimately owned via Cayman Island entities, it could allow Adani to squirrel away any potential profits into tax havens. Meaning Australia would have allowed Adani to dredge in the Great Barrier Reef World Heritage Area, for literally nothing.
Senator Matt Canavan can’t even say which Adani entity Australian taxpayer’s money would be going to, but he is still preparing to give Adani a $1 billion taxpayer-subsidised loan.
Adani has previously talked up the potential taxes and royalties governments could get from the Carmichael mine, but companies keen on paying their taxes don’t register themselves in the Cayman islands.