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."
Conglomerate blasts reports about case as 'preposterous, irrational and absurd'
Ports-to-telecoms conglomerate Adani Group is chaired by its billionaire founder Gautam Adani, one of Asia's richest men. © Reuters
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."