Ambani brothers in court, Anil sues Mukesh for Rs 10,000 cr. PDF Print E-mail
Business  |   Written by TNC Beuro |  Thursday, 25 September 2008

 




 


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Anil takes Mukesh to court, wants Rs 10,000 cr for defamation


In a shocking turn of event, Business tycoon Anil Ambani has filed a defamation suit worth Rs 10,000 crore against his elder brother Mukesh Ambani, chief of Reliance Industries Ltd. for remarks he made in an interview to The New York Times in June. The New York Times claimed that friends and associates of the RIL chief had told the paper that the Reliance group had “a network of lobbyists and spies in New Delhi (which) collect data about the vulnerabilities of the powerful, about the minutiae of bureaucrats' schedules, about the activities of their competitors.”

Mukesh said in the interview that such activities were overseen by Anil before they split, and had since been stopped within his group. “We de-merged all of that,” he said. Sources in ADAG said Anil’s petition claims the remarks were highly defamatory and baseless. The two brothers have fought a bitter battle over the succession of Reliance Empire in 2004 before they reached the settlement in 2005. An unnamed spokesperson for RIL denied any defamation suit. No immediate comments could be obtained from ADAF.

The two brothers have fought a bitter battle over the succession of the Reliance empire in 2004 before they reached the settlement in 2005. The settlement, however, had not brought peace between the two and the Mukesh and Anil camps feud with each other inside and outside the courts on different issues. The bone of contention between the two brothers invariably had been on the family agreement and the same was manifested in the ongoing battle in the Mumbai High Court on the gas supply deal.

Anil had on Tuesday accused RIL of reneging the gas supply agreement, two days after the Mukesh Ambani camp signaled that there would be no out-of-court settlement.






 

 

 



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Last Updated ( Thursday, 25 September 2008 )
 
 

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