Hindenburg accused of depositing 31 crore dollars in Swiss account, Adani Group said – these claims are false
13 stember 2024
American short selling firm Hindenburg Research has once again made a new claim about Adani Group. He says that around 310 million dollars deposited in the accounts of several Adani Group companies in Swiss banks have been frozen by the Swiss authorities. He has given this information with reference to the Swiss investigative news site Gotham City. According to the report, this action has been taken after investigating money laundering in some accounts allegedly linked to the Adani Group. However, the Adani group has completely rejected Hindenburg’s new allegations and termed the claims as false.
In this post, Hindenburg Research said that the Adani Group money laundering case is being investigated in Switzerland. As part of this investigation, 6 Swiss bank accounts of the Adani Group have been sealed. There were about 310 million dollars in this account.
Based on new records from the Swiss Criminal Court, prosecutors allege that a man invested in BVI/Mauritius and Bermuda funds without revealing his identity, Hindenburg said in its report. This person belongs to Adani Group. A Swiss media outlet recently released a report. According to the report, even before Hindenburg’s allegations, the Geneva prosecutor’s office was investigating wrongdoing by the Adani group.
The Adani group issued a late-night media statement following Hindenburg’s allegations. In this statement, the company said that Hindenburg is making false accusations against them. The company said that this allegation is being made so that the value of the company falls in the market.
Adani Group has told the media that if you publish news, you must include our statements. The company has clearly stated that it is not involved in any Swiss court proceedings. Apart from this, the company also clarified that none of their Swiss accounts have been frozen. Continuing its earlier statement, the company said the company’s foreign holding structure is fully transparent. Company is not violating any rules. The company further said that this attempt is being made only to reduce the market price of the company and cause damage to the company.