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Anil Ambani's evidence "implausible and highly unlikely": London Court on Loan testimony

Three Chinese banks in a London court against Reliance Group Anil Ambani

Shortpedia

Content Team
Image Credit: Shortpedia

Anil Ambani won a preliminary motion in a dispute with three Chinese banks seeking $680 million in defaulted loans. However, the London judge called his evidence "implausible and highly unlikely" ahead of a full hearing next year. Judge David Waksman said on Monday there is "a plain case" to issue an order against Anil Ambani after the banks asked for him to deposit funds with the court before a London trial.


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