Baseless charges causing unacceptable injury: Reliance

Reliance Industries Friday said "false and defamatory allegations" carried by a section of the media had caused it unacceptable injury and inflicted disrepute among millions of stakeholders across the globe.

Referring to the charges against it Thursday by Prashant Bhushan, a leader of the Aam Aadmi Party and a senior lawyer, the company said such selective leaks on matters residing in courts were misleading the global public.

"A section of the press has regurgitated the false and defamatory allegations made against us Thursday. This has inflicted unacceptable controversy and disrepute upon us across millions of stakeholders in the world," it said.

The company added: "Mechanical replay of allegation and insinuation via Youtube and or e-papers has a global imprint. Carrying such defamatory content, with or without carrying a few lines of our version, is unacceptable."

It also sought to counter Bhushan with respect to a Singapore company.

"Investments made by Biometrix in Indian companies were from loans raised from Singapore Branch of ICICI Bank. These are being shared in line with the highest standards of disclosures," it said.

"Investments made by Biometrix into Indian entities have been scrutinized and investigated by regulatory authorities. We have participated and fully cooperated in the investigation and the regulatory authorities have been apprised of the true and correct facts."

The company also attached some documents to support its point of view.

"False and baseless allegations made by Bhushan against us have been made by vested interests in the proceedings filed in November 2012 in the Delhi High Court. These allegations have been appropriately responded to and the disbursement notices of ICICI Bank have been placed on record."