​​​
  1. Anil Ambani Group files Rs 5000 cr defamation suit against Congress leader Abhishek Singhvi

Anil Ambani Group files Rs 5000 cr defamation suit against Congress leader Abhishek Singhvi

The Anil Ambani Group has filed a Rs 5,000 crore ($780 million) defamation suit against senior Congress leader and spokesperson Abhishek Singhvi, accusing him of making "false, defamatory and libellous statements".

By: | New Delhi | Published: December 15, 2017 4:34 PM
Abhishek Singhvi, Abhishek Singhvi defamation, reliance, reliance Abhishek Singhvi, Abhishek Singhvi case, Abhishek Singhvi defamation suit, anil ambani, reliance newsAbhishek Singhvi, Abhishek Singhvi defamation, reliance, reliance Abhishek Singhvi, Abhishek Singhvi case, Abhishek Singhvi defamation suit, anil ambani, reliance news Congress leader Abhishek Singhvi. (Source: PTI)

The Anil Ambani Group has filed a Rs 5,000 crore ($780 million) defamation suit against senior Congress leader and spokesperson Abhishek Singhvi, accusing him of making “false, defamatory and libellous statements”. This suit was filed on Friday afternoon in the Gujarat High Court. “We have filed a Rs. 5,000-crore suit for damages against him for making these false and defamatory statements,” the company was quoted as saying by IANS.

On November 30, Abhishek Singhvi while attacking the Finance Minister Arun Jaitley, had said that the BJP leader was “fooling” people by saying the government had not waived loans of big defaulters. He had alleged that the government had written off Rs 1.88 lakh crore debt of wilful defaulters. “We all know that top 50 corporates owe Rs. 8.35 lakh crore to banks and out of those, three top Gujarat-based companies — Reliance (Anil Ambani Group), Adani and Essar — owe Rs 3 lakh crore,” Singhvi had said.

He had charged that the Finance Minister, instead of declaring these liabilities as NPAs, was “trying to help the defaulter with further defence contracts like the Rafale deal”. Singhvi, without mentioning the name of Reliance had alleged that, “One of them had last month publicly declared that they are shutting their telecom business with a liability of Rs 45,000 crore due to banks.”

A Reliance Defence statement had earlier clarified the joint venture between Reliance Aerostructure Ltd and Dassault Aviation was a bilateral agreement between two private companies — and had nothing to do with the government. “Dassault Reliance Aerospace Ltd will be only one of the key players in the discharge of offset obligations. Over 500 large, medium and small Indian companies will benefit from the offsets which are nothing but an export obligation for goods and services from India. Offsets referred to are spread over a period of nearly 10 years,” the statement added.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

  1. Narasimha Prakash
    Dec 16, 2017 at 5:19 pm
    These foot in mouth fellows need to be given a dressing down. Watch my words that this fellow will coolly apologise and get out the mess created by himself.
    Reply
    1. R
      Ram
      Dec 16, 2017 at 4:38 pm
      These congressies have developed a habit of taking commissions and using government money for self gains, they can’t imagine that contracts can be without intervention of Govt. they should learn to practice honesty.
      Reply
      1. B
        Bond
        Dec 16, 2017 at 3:18 pm
        Looks like he wants to make money, whatever means to repay the loans,
        Reply
        1. S
          SUKUMAR BHATTACHARYA
          Dec 16, 2017 at 3:09 pm
          Anil Ambani may or may not be a defaulter. But surely he has gone mad after serial defeat of congress.
          Reply
          1. A
            Abhinay rathi
            Dec 15, 2017 at 9:38 pm
            Congress party have lost their mind and cool after facing defeat after defeats in election. So making baseless aligations on every one.
            Reply
            1. B
              Baba ji ka thullu
              Dec 15, 2017 at 8:04 pm
              Indian government is rulled by big Bussiness and pm and finance minister can’t even do anything to them and want pubic to suffer by making new laws. They think they own this country holes. We work hard to save and government want we to pay there loan. India is not in the right politician
              Reply
              1. T
                Trueindian
                Dec 15, 2017 at 7:08 pm
                What a mockery of judicial system by Anil Ambani the big defaulter he should be in jail like Sahara head for NPA or looting public money
                Reply
                1. Danesh Patel
                  Dec 16, 2017 at 8:05 am
                  Well, let the court decide. Unless you have proof, shut up.
                  Reply
                  1. B
                    Bond
                    Dec 16, 2017 at 3:17 pm
                    you need proof that he has defaulted the banks on 45000 loans. Are you stupid or illterate not to read it
                2. Load More Comments

                Go to Top