Adani - Hindenburg $310 Millons Freeze
Hindenburg Post: Adani's $310 M , Freezed by Swiss Bank
Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of a money laundering and securities forgery investigation into Adani, dating back as early as 2021.
Hindenburg Research, a company that looks into financial wrong-doing, shared a claim from a Swiss news outlet called Gotham City.
This claim says that the Geneva Public Prosecutor's office in Switzerland had already been looking into the Adani Group before Hindenburg Research made their own accusations about the company.
br
Essentially, it suggests that Swiss authorities were investigating Adani Group before Hindenburg Research publicly raised concerns.
The Hindenburg Report
The Report claimed that more than $310 Millons are linked to person named GAUTAM ADANI in six multiple accounts.
When the report was made public the investigating was taken by Attorney Genaral of Switzerland ( OAS ) Mr.Stefan Blattler.
The money was invested in places like British Virgin Islands (BVI), Mauritius, and Bermuda.
Swiss criminal court and local Swiss media released the court documents in which it was found that money invested was part of Mr Adani's Group.
Gautam Adani's more than $310 Millons Freezed
The Hindenburg Research account posted the news of freezing $310 Millions related to Adani Group.
The Swiss Authorities have freezed 6 multiple accounts of Adani Group as part of an Investigation,in which Swiss Court and Local media released report which claimed that Gautam Adani's name is linked in money investment in British Virgin Islands (BVI), Mauritius, and Bermuda.
Attorney Genaral of Switzerland ( OAS ) Mr.Stefan Blattler has taken the investigating case.