India's Adani Ports Says Deloitte Auditor Resignation Arguments Not Convincing
KONTAN.CO.ID - NEW DELHI, India's Adani Ports said Deloitte's reason for quitting as auditor of the company was "not convincing or sufficient to warrant such a move" and the global firm had all the necessary information to conduct the process.
Deloitte decided to resign from the role amid concerns over certain related party transactions flagged in a report by U.S. short seller Hindenburg in January, but the Indian company did not wish to look into them independently, a source told Reuters on Friday.
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