Hitting back at the Adani Group’s assertion that the Hindenburg report on the group is an “attack on India”, the US-based research firm has said that “India’s future is being held back by the Adani Group, which has draped itself in the Indian flag while systematically looting the nation.”
The Adani Group is trying to lead the focus away from substantive issues and “instead stoked a nationalist narrative, claiming our report amounted to a calculated attack on India,” the firm said.
“We believe that fraud is a fraud, even when it’s perpetrated by one of the wealthiest individuals in the world,” the US firm said in a scathing attack on the Adani Group.
