Anil Ambani Seeks Peace with ‘Mukeshbhai’

In the midst of the festive season and with less than 10 days to go before the Supreme Court commences a hearing featuring companies held by the siblings, Reliance scion Anil Ambani on Sunday sought to resolve disagreements with his elder brother Mukesh Ambani in a constructive and cordial manner.

“I believe all disagreements can be sorted out in a constructive, cordial manner. It can be no better gift to our mother Kokilaben in her 75th year,” said Anil in a statement issued on his return from a pilgrimage to the Kedarnath and Badrinath shrines.

“The issues are only a handful, and the facts are well known. My judgement says that they can all be resolved in a matter of weeks, and will not require several months of discussions,” said Anil.

He stressed that through the last four years he has “maintained the greatest of love, affection and respect for Mukesh” and that he had “left no stone unturned to find a solution.”

“I am once again reaching out to Mukeshbhai–and hope and pray that my feelings will be reciprocated, and we will arrive at a solution to all outstanding issues, with a generous heart, a willing mind, and an accommodating spirit.”

Responding to Anil’s peace overture, the Mukesh Ambani-owned Reliance Industries Limited (RIL) in its own statement welcomed the peace offer but questioned its sincerity.

“For the last many years Mr. Anil Ambani has indulged in a malicious campaign against Reliance Industries Ltd. and its chairman,” the company said.

“What is both saddening and perplexing is that Mr. Anil Ambani has yet again sought to communicate to Reliance Industries and its chairman through the public domain where he could have easily contacted the elder brother directly,” the RIL statement added.

The Anil Dhirubhai Ambani Group (ADAG) and the RIL are caught in a bitter legal battle for the control of 28 million units of gas a day from the Krishna-Godavari basin for 17 years at $2.34 per unit.

A Supreme Court hearing of the case commences October 20.
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