Anil Ambani refutes IAC allegations

The Reliance Anil Dhirubhai Ambani Group Friday categorically denied charges levelled by India Against Corruption (IAC) that its chairman Anil Ambani had accounts with HSBC in Geneva.

“Anil D. Ambani had no bank accounts with HSBC in Geneva. It is regrettable that such baseless allegations are being made by IAC at the behest of vested interests,” a company spokesperson said here in a statement.