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Anil Ambani to UK Court, 'have sold all Jewellery to Pay Legal Fees'


Anil Ambani troubles
26 Sep 2020
Categories: Latest News

Anil Ambani has told UK Court that he leads a simple life & had to sell off all his jewellery to pay his legal fees. He said he had received Rs 9.9 crore for all his jewellery between Jan & June 2020 & now does not own anything — “nothing meaningful,” he said.

When asked about a fleet of luxury cars he had access to, Anil Ambani said: “These are speculative media stories. I have never owned a Rolls-Royce. At present, I use one car.” On May 22, 2020, the UK HC had ordered Ambani to pay a debt of $716,917,681 (Rs 5,281 crore) & £750,000 (Rs 7 crore) in legal costs to three Chinese banks by June 12, 2020. The amount wasn't paid. Then, on June 15, the Chinese banks, led by Industrial & Commercial Bank of China Ltd, sought a disclosure order on his assets. 

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