Business

Kejriwal made allegations at the behest of vested interests: RIL

CNN-IBN | Updated Oct 31, 2012 at 08:06pm IST

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New Delhi: The Reliance Industries Limited on Wednesday dismissed all allegations made by anti-corruption crusaders-turned-politicians Arvind Kejriwal and Prashant Bhushan saying the statements were devoid of any truth.

Reacting to the allegations made by Kejriwal and Bhushan at a press conference in New Delhi, Mukesh Ambani-led RIL issued a statement saying, "The statements made by IAC in the press conference today are devoid of any truth or substance whatsoever and are denied."

The RIL, instead, said that the KG-D6 basin is a project that the country must be proud of as it has added great economic value. The statement said, "The deep water exploration project in the KG-D6 basin has deployed the best technical resources and has been recognised by the oil and gas industry as one of the very best in its class."

Kejriwal made allegations at the behest of vested interests: RIL

RIL issued a statement saying statements made by Arvind Kejriwal and Prashant Bhushan were devoid of any truth.

"This project has added great economic value to the country and by all accounts is a project of which India can be justly proud," it further said. During the press conference of the IAC, Kejriwal had demanded that RIL's KG Basin contract should be cancelled immediately.

The RIL further termed that charges made by Kejriwal and Bhushan as irresponsible and alleged that they were made at the behest of vested interests.

"Irresponsible allegations made by IAC at the behest of vested interests without basic understanding of the complexities of a project of this nature do not merit a response," said the statement.

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Business Leaders

Mukesh Ambani

Posted on May 19, 2013 at 02:02PM IST
Mukesh Ambani is the Chairman, Managing Director and the largest shareholder of Reliance Industries, India`s largest private sector enterprise and a Fortune 500 company. His personal stake in Reliance Industries is 48%. His wealth is valued at ...

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Arvind Kejriwal

Posted on May 20, 2013 at 12:45PM IST
Arvind Kumar Kejriwal (Hindi: अरविंद केजरीवाल) (born 16 June 1968) is an Indian social activist fighting for greater transparency in Government. He was awarded ...

Politics

Prashant Bhushan

Posted on May 22, 2013 at 04:29AM IST
Prashant Bhushan is a noted civil liberites lawyer of India .He has been actively associated with NBA, Enron, Jain Hawala cases and is a member of the Committee on Judicial Accountability. He is son of Shanti Bhushan . ...

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India Against Corruption

Posted on May 23, 2013 at 01:23AM IST
India Against Corruption (IAC) is a people's movement to demand comprehensive reforms of anti-corruption systems in India. Several eminent citizens have come together to force the Government of India to enact the Jan Lokpal Bill. This initiati ...

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