"Easy To Make Allegation, Doesn't Make It True": Australia Ex PM On Hindenburg
NDTV
Australia's former Prime Minister Tony Abbott has dismissed allegations of fraud by US based short seller Hindenburg Research against the Adani group as just that, allegations.
Australia's former Prime Minister Tony Abbott has dismissed allegations of fraud by US based short seller Hindenburg Research against the Adani group as just that, allegations.
"It's easy to make allegations. Just because something has been alleged, doesn't make it true. My recollection of the principles of the common law is you're innocent until proven guilty," Mr Abbott told NDTV in an interview today.
"So if there is anything in it, I'm sure the regulators will look into it and let the cards fall where they may. But as far as I am concerned, I am grateful for the faith Adani group has shown in Australia," he said, referring to Adani investments worth billions of dollars in his country.
He credited the Adani group for creating jobs and wealth in Australia with those investments, and also drew attention to the Narendra Modi government's efforts at ensuring 24x7 power to millions in India with the help of Australian coal that Adani has imported without having to pay any tariffs.
