Swiss authorities freeze India's Adani Group's $310M

3 weeks ago

India's Adani Group has denied involvement in a money laundering and securities fraud probe that reportedly saw the freezing of more than $310 million in funds stowed in Swiss bank accounts. US short-seller Hindenburg Research, a longtime critic of the Indian conglomerate, cited court records reported on by Swiss media outlet Gotham City in making the claim on X on Thursday