More trouble heading the debt-ridden industrialist Anil Ambani’s way. A Swiss Federal Court agreed to share information with Indian authorities about the bank accounts of him, his wife Tina Ambani and their two children Jai Anmol, and Jai Anshul, according to Swiss media. Swiss newspaper Gotham City on May 12 reported that India’s Finance Ministry’s Foreign Tax and Research Division has filed a petition in the Swiss Federal Court for getting details of the bank accounts operated by Anil Ambani.
According to Swiss newspaper Gotham City, the Court’s order came on April 29 and they have confirmed from the Registrar’s office that the Order directed to banks named Anil, Tina, Jai Anmol and Jai Anshul Ambanis, though the Order available in the public domain shows only A, B, C, D due to privacy issues. Gotham City’s reporter Francois Pilet reported that the Court Registrar’s office allowed him to see the actual names. “As court reporters, we are allowed to see the names of the parties in every decision on the Swiss Supreme Court,” he explained to news portal News Laundry.
It is learned that after the London Court’s order, Anil Ambani has limited his foreign travels fearing Chinese banks move on issuing red alerts in foreign airports through Interpol.
Another international investigative portal Global Investigative Review (GIR) on Friday also reported in detail the Swiss Court’s direction to banks to disclose the details of bank accounts of Anil Ambani and his family.
Now Anil Ambani’s lies are exposed. A few months back, Anil Ambani deposed in a London Court that he has no money and living on brother Mukesh Ambani’s help in a case filed by the Chinese banking consortium. The London court had asked younger Ambani to pay 770 million dollars to Chinese banks for nonpayment of loans of 14 billion dollars. The loan was taken for the installation of Chinese equipment in the telecom and power sector from 2008 to 2014. Chinese firms also approached Delhi High Court for recovering Rs.995 crore dues from Anil Ambani led firms. The Swiss Court’s order will be a trouble for Ambani who hides his Swiss accounts while deposing claiming as almost pauper.
After the order of London Court, SBI also filed cases against Anil Ambani’s companies. SBI has informed the Delhi High Court that it has classified three bank accounts of Anil Ambani’s Reliance Group – Reliance Communication, Reliance Telecom and Reliance Infratel – as fraud. The total amount that the three firms of Anil Ambani owe to the banks is over Rs.49,000 crore, out of which Reliance Infratel has a debt of Rs.12,000 crore and Reliance Telecom owns Rs 24,000 crore. It is learned that after the London Court’s order, Anil Ambani has limited his foreign travels fearing Chinese banks move on issuing red alerts in foreign airports through Interpol.
 Indian tax authorities take an interest in Anil Ambani’s Swiss accounts – May 12, 2021, Gotham City
 Swiss bank ordered to share details of Anil Ambani’s accounts with India – May 14, 2021, Newslaundry
 Swiss court greenlights Indian access to Anil Ambani bank accounts – May 14, 2021, GIR
 After fixing debt-ridden Anil Ambani in London Courts by Chinese banks, Chinese firm approach Delhi HC for Rs.995 crores dues. HC orders stay on sale of Reliance Infra shares in BSES – Jan 26, 2021, PGurus.com
 SBI declares accounts of Anil Ambani’s three Reliance Group firms fraud – Jan 7, 2021, Business Today
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