RIL, Mukesh Ambani deny allegations of illegitimate accounts

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Reliance Industries has said that the company strongly denies all allegations made by Aam Admi Party (AAP) against Reliance and Mukesh Ambani in their public meeting recently.

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

Reliance Industries Limited has business interests in several countries with turnover of thousands of crores in Rupees. As a part of their normal business, these international subsidiaries of Reliance Industries Limited deal with several global banks.

These accounts are fully compliant with all regulations and are disclosed in their appropriate jurisdictions and in India.

The continued tirade of baseless allegations being made by AAP against us appears to be
instigated by vested interests," the company has said in a statement.

Story first published: Wednesday, February 26, 2014, 8:47 [IST]
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