In the post on X, Hindenburg claimed, “Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts.”
In what has transformed into a never-ending saga of revelations, the American short-selling group Hindenburg has come about with a new set of claims associated with the Indian business conglomerate, the Adani Group.
Adani’s Funds Frozen By Swiss
The Hindenburg research group took to its X account to share this new set of information. According to the short-seller, the Switzerland authorities have frozen funds belonging to Adani Group as part of an ongoing investigation against the company. Funds attuned to the amount of USD 310 million or Rs 2,602 crore, have been put out of Adani Group’s reach.
In the post on X, Hindenburg claimed, “Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts.”