Fraud cannot be obfuscated by nationalism: Hindenburg to Adani
Shortpedia
Content Team
Image Credit: NewsBytes
The back and forth between Hindenburg Research and Adani Group continues. Hours after the Indian conglomerate released a detailed rebuttal against allegations of stock manipulation and accounting fraud by Hindenburg, the US-based short seller responded by saying, "fraud is fraud." Adani Group had claimed that the report by the activist investment firm was a "calculated attack on India."
