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July 7, 2025 9:19 pm

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Adani Group Denies Hindenburg comments on about frozen funds in Swiss banks….!!

From Special Reports : Eastern Chronicle 24 x7,  13 th September, 2024 

India’s Adani Groups, the firms of the billionaire, Goutam Adani, said on Tuesday in a late, that it has no any involvement in any Swiss Court proceedings after the Hindenburg Research indicated directly to the authorities of Adani groups,  that it frozen more than 310 million U. S. Dollars of Adani group company’s funds in and as a part of money laundering & securities forgery investigation. 

swiss criminal court shown clearlyin detail a frontman from adani’s firm invested in opaque  BVI/ Mauritius and Bermuda funds that exclusively owned by adani stocks,  the US based short seller posted on X, (formally twitter) & Swiss media. 

“Adani groups has no involvements in any Swiss criminal Court proceedings”. The multinational conglomerate, also said and added,  “None of it’s company accounts sequestration by any Swiss authority”.


However, after publishing of  Hindenburg  II, the allegations by Hindenburg reports II the sequences of Direct Or indrect involvement of SEBI Chief (India),  in money laundering  through adani group of companies, some  primary evidences from  ICICI bank and other rental allegations may  take  problems to adani groups also, in due investigations. 

 

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