LONDON: Debtor Anil Ambani told a London court on Friday that he was living a simple life, driving a single car and selling all jewelery to pay a lawyer’s fee. Received Rs 4 crore. He has nothing now. Asked how many luxury vehicles there are, he said, “These are all fantasy stories in the media.” I never had a Rolls-Royce. Now I am driving a car. 5,281 crore and Rs. On May 22, 2020, an English court ruled in favor of Ambani to repay the Rs 4 crore debt. But, the money was not paid. Later, on June 15, the Industrial Bank of China, led by Industrial and Commercial Bank of China Limited, applied for an order to declare Ambani’s assets.
Therefore, on June 27, Master Davis ordered Ambani to submit a statement of fact, stating that his global assets accounted for more than Rs 4 lakh. He ordered Ambani to state in his affidavit whether he was in his personal name or not, whether he was privately owned or jointly owned. Ambani took part in it from India. The court later heard that Ambani had borrowed Rs 500 crore from his mother and Rs 310 crore from his son Anmol. “My expenses are very low and they are borne by my wife and family,” Anil added. I don’t live a luxurious life, I have no other income. I am paying a lawyer’s fee for jewelry. If additional costs are required, I will seek permission to sell other assets.
