Anil Ambani Thanks Brother Mukesh, Nita For Timely SupportTop Stories

March 19, 2019 11:15
Anil Ambani Thanks Brother Mukesh, Nita For Timely Support

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Anil Ambani on Minday thanks elder brother Mukesh Ambani and his wife Nita Ambani for timely support for clearing Reliance Communications dues to Swedish telecom equipment maker Ericsson a day before deadline set by Supreme Court 

Anil Ambani said he is deeply touched by the gesture, “My sincere and heartfelt thanks to my respected elder brother, Mukesh, and Nita, for standing by me during these trying times, and demonstrating the importance of staying true to our strong family values by extending this timely support. I and my family are grateful we have moved beyond the past, and are deeply touched with this gesture,” he said in a statement issued through company spokesperson

Reliance Communications spokesperson further said that, “The requisite payment of Rs. 550 crore and interest thereon to Ericsson has been completed today in compliance of the judgment of the Hon'ble Supreme Court.”

Supreme Court in February order held Anil Ambani gulity for contempt of court and ordered the debt-laden company to clear the dues to Ericsson within four weeks or face a three-month jail term.

By Sai Kumar

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Anil Ambani  Mukesh Ambani  RCom