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News US Attorney probes Adani Group investor statements

US Attorney probes Adani Group investor statements

Written by Global Cement staff 27 June 2023
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India/US: The US Attorney's Office has requested that large Adani Group shareholders submit correspondence from the group. Reuters has reported that the office is investigating representations made by India-based Adani to its US investors, following fraud allegations by US-based short-seller Hindenburg Research.

An Adani Group spokesperson said "We are not aware of any such subpoena to investors."

Last modified on 28 June 2023
Published in Global Cement News
Tagged under
  • India
  • US
  • Adani Group
  • shareholders
  • Government
  • Investigation
  • Hindenburg Research
  • GCW614

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