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| RIL advises Anil Ambani to exercise restraint |
| Press Trust of India / Mumbai Aug 07, 2009, 18:35 IST |
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Hitting back at Anil Ambani for his personal and "orchestrated" comments against it and its Chairman Mukesh Ambani, Reliance Industries (RIL) today asked the younger Ambani to exercise restraint and let a gas dispute between them be decided by the Supreme Court.
"During the course of his media campaign, Anil Ambani has made several personal comments about his elder brother and RIL Chairman Mukesh Ambani. While Mukesh Ambani is profoundly saddened by his brother's remarks, he requests the media to respect his decision not to respond," RIL said in a statement.
Fighting inside and outside the courts for getting gas at a committed price of $2.34 per mmBtu from RIL, Anil has levelled several serious charges, including that Petroleum Ministry was conniving with RIL to help it earn a profit of Rs 50,000 crore and that Mukesh had ruled out any role for mother Kokilaben for settling their dispute.
Emphatically refuting and outrightly rejecting "the baseless, tendentious and motivated allegations and insinuations" made by Anil and his associates, RIL said the public statements were attempts to convert "legal issues into public issues".
The public spat between the two brothers and their group companies comes ahead of the September one hearing at the Supreme Court on their cross appeals on the decision by the Bombay High Court that RIL should supply 28 mmscmd gas to RNRL for 17 years and the two sides should sign an appropriate agreement for it.
Anil's statements "are a part of an orchestrated campaign to bring into public debate and prejudge the issues that are pending before the Supreme Court," RIL said, emphasising that its legal advisers had asked it to refrain from commenting on issues being adjudicated by the Supreme Court.
"As such, we shall continue to exercise restraint in the face of Anil Ambani's provocative public statements. We hope that Anil and his associates will also exercise similar restraint and leave the matter to be decided by the Supreme Court," the RIL statement said.
"We would like to assure the people of India, the government of India, Members of Parliament and all our shareholders that our objective, is to act at all times in a manner that is fully in consonance with our respect for the law of the land and is protective of the nation's interests.
"We have consistently maintained that in the KG Basin RIL is only a contractor engaged by the Government of India to harness the Basin's hydrocarbon assets in the best interest of the nation," the RIL statement said.
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