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US activist investor who accused Adani of ‘biggest con in corporate history’ dares Indian group to sue

US activist investor who accused Adani of ‘biggest con in corporate history’ dares Indian group to sue

Hindenburg Research accusations denied by Adani as ‘baseless’ while activist investor claims legal action will reveal accounting fraudThe US investor targeting Indian conglomerate Adani Group over what it claims is the “biggest con in corporate history” has dared the company to sue, given it would open the coal producer to further scrutiny.Hindenburg Research’s report has already wiped billions of dollars of value from the sprawling empire of Gautam Adani, the world’s third richest man, and drawn in the contentious Carmichael coal and rail project in Queensland.

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