New Delhi, Swiss authorities have frozen more than USD 310 million in funds across multiple Swiss bank accounts as part of money laundering allegations into Adani Group, US-based short seller Hindenburg Research claimed citing media report – a charge that the conglomerate vehemently denied. Swiss authorities freeze $310 mn allegedly linked to front man of...
Tag: Hindenburg Research
Post
Post
Adani Group denies Hindenburg comment on frozen funds in Swiss banks
The Adani Group has no involvement in any Swiss court proceedings, the company said. Photo: Shutterstock.com 3 min read Last Updated : Sep 13 2024 | 8:46 AM IST Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of money laundering allegations into Adani Group, US-based...
Post
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...
Post
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...
Post
Swiss authorities freeze $310 million of Adani Group for money laundering, securities forgery investigation: Report
US-based activist short seller Hindenburg Research LLC said that Swiss authorities have frozen over $310 million in funds across multiple Swiss bank accounts as part of an investigation into the Adani group on a post on X (Formerly Twitter) on September 12, 2024, citing a news report by Swiss media outlet Gotham City. HT couldn’t...