India's Adani Group eyed in Swiss money-laundering case

Conglomerate blasts reports about case as 'preposterous, irrational and absurd'

2024-09-13.Adani

Ports-to-telecoms conglomerate Adani Group is chaired by its billionaire founder Gautam Adani, one of Asia's richest men. © Reuters

SAYAN CHAKRABORTY, Nikkei staff writer

BENGALURU -- A Swiss court has frozen $311 million from a company that allegedly laundered money for India's Adani Group through offshore funds in Mauritius and Bermuda -- claims that the ports-to-telecom conglomerate has blasted as "absurd."

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