3 min read Last Updated : Sep 13 2024 | 9:17 AM IST The Adani Group issued a statement late on Thursday refuting claims made by New York-based short-seller Hindenburg Research. Hindenburg Research alleged that Swiss authorities had frozen over $310 million in multiple Swiss bank accounts as part of a money laundering and...
Tag: Adani Hindenburg Saga
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Adani Group denies ’baseless’ claims of ‘involvement’ in Swiss Bank accounts, refutes Hindenburg’s allegations | Mint
Adani-Hindenburg saga: The Adani Group, an Indian business conglomerate, strongly refuted claims regarding the freezing of funds in Swiss bank accounts in a media statement on September 12. The group vehemently denied any involvement in Swiss court proceedings and asserted that authorities had sequestered none of its company accounts. The controversy arose following allegations made...
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Swiss authorities freeze over $310 million funds across accounts related to Adani investigation: Hindenburg Research | Mint
US-based short seller Hindenburg Research alleged that Swiss authorities have frozen more than $310 million in funds across several Swiss Bank accounts linked to the money laundering and securities investigation of Adani Group, according to the firm’s social media post on platform X, on September 12. “Swiss authorities have frozen more than $310 million in...