US probe finds Hindenburg’s accusations ‘weren’t relevant’ as US extends loan to Adani for Sri Lanka port

In a major development, the US government concluded an investigation wherein short-seller investment research firm Hindenburg alleged a huge corporate fraud against Indian billionaire Gautam Adani. The US official underscored the claims were not “interlinked” with the Adani Ports & Special Economic Zone Limited– the subsidiary spearheading the Sri Lankan project.In a major development, the US government concluded an investigation wherein short-seller investment research firm Hindenburg alleged a huge corporate fraud against Indian billionaire Gautam Adani. The US official underscored the claims were not “interlinked” with the Adani Ports & Special Economic Zone Limited– the subsidiary spearheading the Sri Lankan project.

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