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Updated November 3rd, 2018 at 11:52 IST

Reliance refutes Rahul Gandhi's allegations on Rafale deal, says 'Congress trying to drag company and Anil Ambani in a political battle'

Anil Ambani owned Reliance Infrastructure Ltd has refuted all the allegations and accusations by Congress President Rahul Gandhi in his recent most attack on the Centre and PM Modi on the Rafale deal during a press conference on Friday

Reported by: Digital Desk
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Anil Ambani owned Reliance Infrastructure Ltd has refuted all the allegations and accusations by Congress President Rahul Gandhi in his recent most attack on the Centre and PM Modi on the Rafale deal during a press conference on Friday.

The Congress supremo had repeated his claims that Anil Ambani's company had benefited up to a tune of Rs 30,000 crore from the Rafale deal, and mentioned that Dassault had invested Rs 284 crore in Reliance, from which Anil Ambani's company brought the land.

"The Dassault CEO had said the reason HAL wasn't given the contract was because Anil Ambani had land. Now it turns out that the land that Anil Ambani had was purchased by money given by Dassault," Rahul Gandhi had alleged. 

In a statement denying and dismissing any wrongdoing by the company while procuring the offset partnership deal with Dassault, Reliance Infrastructure Ltd condemned the comments made by Rahul Gandhi, stating he is trying to drag the company and Anil Ambani in a political battle for personal gain.

Here are the important points from Reliance's press release against the comments by the Congress president:


The Congress Party has today once again resorted to blatant lies and distorted facts to mount an unwarranted campaign of calumny and falsehoods against the Reliance Group and its Chairman Mr Anil Ambani personally.

The RADL transaction was completed in full compliance with applicable FDI and all other rules & regulations and the information has been disclosed in the public domain since December 2017 onwards, nearly a year ago.

The Congress party has falsely alleged that the funds invested in RADL have been used for the purchase of land at Mihan, Nagpur for the Dassault-Reliance 49:51 JV.

READ: Rafale Deal: Supreme Court Asks Centre To Furnish Details On Pricing, Costs And Advantages In 10 Days

The payment for the land at MIHAN, Nagpur, Maharashtra was made from 2015 to 2017, much before the investment by Dassault in RADL.

The Congress party's attacks on Mr. Anil Ambani in his individual capacity are shameful and deplorable, especially as all transactions with Dassault have been made by Reliance Infrastructure Ltd., a publicly listed company with over a Million small shareholders, including more than 10% ownership by public financial institutions such as LIC, GIC and other insurance companies, and over 15% ownership with reputed global institutional investors.

The Congress party's continued lies and falsehoods cannot change the truth that Mr. Anil Ambani has not entered into any transactions personally with Dassault and nor has he derived any personal benefit from any transactions."

The Dassault investment in DRAL and RADL are two independent and stand alone business investments and in both cases, funds have been received by the companies and not a single rupee by Mr Anil Ambani in his personal capacity.

Therefore, any suggestion of any payment to Mr Anil Ambani is absolutely false and mischievous.

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Published November 3rd, 2018 at 09:11 IST

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