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

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

 Delhi, Aug 12 (PTI) Deloitte has resigned as auditor of the Adani group's port company, with the firm run by billionaire Gautam Adani saying the auditor wanted a wider remit over other firms in the conglomerate following the report of a US short seller.

The resignation comes weeks after Deloitte raised concern over certain transactions flagged in the report of Hindenburg Research.

In a statement, Adani Ports & Special Economic Zone (APSEZ) confirmed the resignation and appointment of M S K A & Associates as the new auditor.