Tuesday, June 24, 2008

Anil slaps legal notice on Mukesh

It's been a season of growing acrimony between estranged brothers Mukesh and Anil Ambani. Soon after the senior Ambani introduced a legal roadblock in Anil Ambani's talks to buy African telecom firm MTN, the younger sibling has found cause to slap a legal notice on Mukesh Ambani.

The move follows an article on Mukesh Ambani in 'The New York Times' in which he is reported to have made a remark which Anil Ambani's lawyers have called "libellous" and "deserving of a clear, unambiguous and unqualified retraction and apology" from Mukesh Ambani and also the newspaper.

What has offended Anil Ambani is a paragraph that speaks about Reliance's alleged intelligence gathering network with which it is said to have obtained data about the "vulnerabilities of the powerful, about the minutiae of bureaucrats schedules, about the activities of their competitors."

Mukesh Ambani was asked about the alleged intelligence network to which he reportedly said that all such activities were overseen by his brother (Anil Ambani) before they split, and had since been expunged from his tranche of the company. "We demerged all of that," he is reported to have said.

The letter by Anil Ambani's lawyers says the statement implies that "our client continues the operation of the said alleged intelligence agency, its network of lobbyist and spies and its various unethical and subversive activities."

No comments: