My lifestyle 'disciplined, not lavish': Anil Ambani tells London court

Former billionaire Anil Ambani rejected a judge’s comment that he lived a “lavish lifestyle” as he faced questions about his assets from lawyers acting for a trio of Chinese banks.

Ambani was giving evidence via videolink for the first time from Mumbai, in a English lawsuit over a dispute stemming from a defaulted loan. The tycoon, who has previously said his net worth is “zero,” was questioned about his spending and his finances, including more than $100 million in family loans.

Three state-controlled Chinese banks have pursued Ambani for more than $700 million in a London court, arguing that they provided funding