New Delhi, Sep 13 (Reporter) Adani group on Friday strongly refuted claims of freezing of its funds in Swiss bank accounts terming such reports as absurd. "We unequivocally reject and deny the baseless allegations presented. The Adani Group has no involvement in any Swiss court proceedings, nor have any of our company accounts been subject to sequestration by any authority," the conglomerate said in a statement. "Furthermore, even in the alleged order, the Swiss court has neither mentioned our group companies, nor have we received any requests for clarification or information from any such authority or regulatory body," it further said. Adani Group spokesperson reiterated that the company's overseas holding structure is transparent, fully disclosed, and compliant with all relevant laws. The statement added, "These allegations are clearly preposterous, irrational, and absurd. We have no hesitation in stating that this is yet another orchestrated and egregious attempt by the same cohorts acting in unison to inflict irreversible damage on our group's reputation and market value." Citing a Swiss media report, American short-seller Hindenburg Research in a post on 'X' had said that Swiss authorities had frozen more than $310 million in funds across multiple Swiss bank accounts as part of a money laundering and securities forgery investigation into Adani, dating back as early as 2021. "Prosecutors detailed how an Adani frontman invested in opaque BVI/Mauritius & Bermuda funds that almost exclusively owned Adani stocks," said the short-seller citing a report by Swiss media outlet Gotham City...////...