Today: September 20, 2024
Today: September 20, 2024

Adani Group denies Hindenburg comment on frozen funds in Swiss banks

FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India
September 12, 2024
Reuters

(Reuters) - India's Adani Group said late on Thursday it has no involvement in any Swiss court proceedings after Hindenburg Research indicated that authorities had frozen more than $310 million of the company's funds as part of a money laundering and securities forgery investigation.

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