RIL refutes AAP allegations against company, Mukesh Ambani

Refuting AAP allegations, Reliance Industries Ltd today said neither the company nor its Chairman Mukesh Ambani holds any illegitimate accounts anywhere in the world.

Aam Admi Party (AAP) leader and former Delhi Chief Minister Arvind Kejriwal had at an election rally in Rohtak in Haryana read out numbers of what he claimed were two Swiss bank accounts belonging to Mukesh and Anil Ambani.

"RIL strongly denies all allegations made by AAP against Reliance and Mr Mukesh Ambani in their public meeting recently," the company said in a statement.

"As stated earlier, it is being reiterated that neither Reliance Industries Limited nor Mr Mukesh Ambani have or had any illegitimate accounts anywhere in the world," it said.

The company said it has business interests in several countries with turnover of thousands of crores of rupees.

"As a part of their normal business, these international subsidiaries of RIL deal with several global banks. These accounts are fully compliant with all regulations and are disclosed in their appropriate jurisdictions and in India," the statement said.

RIL said the allegations being levelled against it by AAP and its leaders appear to be instigated by vested interests.

"The continued tirade of baseless allegations being made by AAP against us appears to be instigated by vested interests," it said.

Days before quitting as Delhi Chief Minister, Kejriwal had ordered FIRs to be registered against RIL, Mukesh Ambani, Oil Minister M Veerappa Moily among others for creating artificial scarcity of natural gas in the country and jacking up prices.

At the Rothak rally, he stated that "Mukesh Ambani runs this country."

EDITORIAL OF THE DAY

  • Right to reveal

    Delhi is India’s first state to announce a scheme for witness protection. But what about the witnesses in other states?

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

New masters of the Financial Times

A few days ago, Japan’s leading financial daily Nihon Keizai ...

Anuja Sharma

Focus mindfully to get the result

Have you ever tried to light a fire using the ...

Gautam Gupta

Our fashion schools need to notch it up

“Creativity is the key to success and primary education is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture