Anil Ambani's Reliance Group To File Rs 5000 Crore Suit Against Abhishek Manu Singhvi

| December 1 , 2017 , 08:25 IST

The Reliance Group led by Anil Ambani has decided to file a Rs 5,000 crore defamation suit against Congress leader and senior spokesperson Abhishek Manu Singhvi for making false and defamatory statements.

Singhvi had in a press conference accused Finance Minister Arun Jaitley of fooling people with his statement that no loans of big defaulters have been waived. He claimed the government had written off Rs 1.88 lakh crore debts of those who had wilfully defaulted. “The Modi government has continuously and constantly benefited a select group of cronies by waiving their loans,” Singhvi told reporters.

As per reports, a Reliance group spokesperson said: “Abhishek Singhvi has made false, defamatory and libellous statements against the group. We will be filing Rs 5,000-crore suit for damages against Singhvi for making these false and defamatory statements.”

AICC Press Briefing By Abhishek Singhvi on Finance Minister Arun Jaitley

 “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. 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. We would like to ask Finance Minister Arun Jaitley that far from declaring it as NPAs, you are trying to help the defaulter with further defence contracts like the Rafale deal. Why?” Singhvi asked.