Frozen Accounts: Adani Group rejects fresh Hindenburg allegation on seized Swiss accounts
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Frozen Accounts

Adani Group rejects fresh Hindenburg allegation on seized Swiss accounts

Adani Group has dismissed US-based short seller Hindenburg Research's latest allegations of a group-linked entity's Swiss bank accounts having around $310 mln being frozen. In a statement issued immediately after the US activist short seller firm posted on X, late Thursday night, the Adani Group said it had no involvement in any Swiss court proceedings, and that none of its companies' bank accounts have been subject to "sequestration by any authority."

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