Deloitte resigns as auditor of Adani firm; co says auditor wanted wider audit remit over other group cos

    Nidhi Khurana
    August12/ 2023

    New Delhi: Following a complaint from a US short seller, Deloitte quit as auditor of the Adani group's port operations, with the company owned by billionaire Gautam Adani stating that the auditor wanted a larger remit over other firms in the conglomerate. This resignation comes after Deloitte expressed alarm about a number of transactions highlighted in a study by Hindenburg Research for several weeks prior to the report's release. Adani Ports & Special Economic Zone (APSEZ) released a statement confirming the departure of their previous auditor and the subsequent hiring of M S K A & Associates.—Inputs from ...

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