A mysterious entrepreneur sits in the middle of an Australian energy crisis. Where he came from, who he is, and how he got involved has been an untold story until now.
abc.net.au/news/mystery-man-dev-sindhu-in-middle-of-australian-energy-crisis/101759114In 2015, a man who had recently arrived in Perth walked into a luxury car dealership and made a straightforward request.So he went to a bank, withdrew the money in cash, and took the keys to the car.
It's a story linked to India's ruling party, claims of corruption, and vast wealth in a country where more than a billion people live on barely $10 a day.On the afternoon he walked into the luxury Perth car dealership, though, Mr Sindhu could have been any cashed-up executive looking to splash out.WA's economy might have come off the boil compared with the boom earlier in the decade, but Perth was still a place where money was flaunted.
But the signs that Griffin was struggling under Lanco were already clear by 2015, as losses and debt mounted. Records filed with the Australian Securities and Investments Commission show Sindhu – through its Australian subsidiary Oceania Resources – did indeed lend the $US60 million to Griffin. The 47-year-old, who hails from the provincial city of Rohtak, an hour-and-a-half north of the capital Delhi, is related to Indian political royalty.
In response to ABC questions about the claims, Mr Sindhu confirmed he was not connected with these allegations, and no enquiry or investigation was ever conducted against him in relation to them.
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