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Anil Ambani Sold Jewelry Worth 9.9 Cr to Pay Lawyers

PNB Declares RHFL As a Fraud Account

The financial status of Anil Ambani, once considered among the top industrialists of the country, has become such that he has to sell jewelry to pay the fees of his lawyers. Under the debt burden, industrialist Anil Ambani himself told this to a UK court. He told the court that he is leading a simple life and he uses only one car.

Anil Ambani said that between January and June this year, he sold jewelry worth Rs 9.9 crore and now he does not have anything like that left. When he was asked about the fleet of luxury cars, he said, ‘All these rumors coming in the media. I have never had a Rolls Royce. Right now I am using only one car. ‘

On 22 May 2020, the UK High Court had asked Ambani to loan $ 71,69,17,681 (about Rs 5,281 crore) to three banks in China and £ 50,000 (about Rs 7 crore) as of 12 June 2020. Pay as legal expenses. Then on 15 June, Chinese banks led by Industrial and Commercial Bank of China demanded the disclosure of Anil Ambani’s assets.

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