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Mukesh helps Anil clear INR 453 crore dues to Ericsson; Gets a heartfelt letter

“My sincere and heartfelt thanks to my respected elder brother, Mukesh, and Nita, for standing by me during these trying times, and demonstrating the importance of staying true to our strong family values by extending this timely support. I and my family are grateful we have moved beyond the past, and are deeply touched with this gesture.”

Saima Siddiqui

Saima SiddiquiBy Saima Siddiqui

Published on 19 March 2019 4:40 AM GMT

Mukesh helps Anil clear INR 453 crore dues to Ericsson; Gets a heartfelt letter
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Mukesh helps Anil clear INR 453 crore dues to Ericsson
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Mumbai: Reliance Industries Chairman, Mukesh Ambani saved his younger brother from jail and helped him repay the dues of 453 crore to Reliance Communications owed Ericsson as directed by the Supreme court in its Feb 20th verdict, where it directed the chairman of beleaguered RCom to pay the Swedish telecom major its dues within four weeks else serve jail for three months.

"The requisite payment of Rs 550 crore and interest thereon to Ericsson has been completed today in compliance of the judgment of the Supreme Court," an RCOM spokesperson said.

ALSO READ: Ericsson case: SC directs Anil Ambani to clear Rs 453 cr dues or serve jail

Anil D. Ambani, Chairman of Reliance Communications, overwhelmed by the gesture of his elder brother, who came forward to help him by putting an end to almost a decade-and-a-half bitter separation, wrote a thank you note to Mukesh and Nita Ambani for their support regarding payment of dues.

“My sincere and heartfelt thanks to my respected elder brother, Mukesh, and Nita, for standing by me during these trying times, and demonstrating the importance of staying true to our strong family values by extending this timely support. I and my family are grateful we have moved beyond the past, and are deeply touched with this gesture.”

ALSO READ: Mukesh Ambani’s help saves day for Anil as RCom makes Rs 550 crore payment to Ericsson

Saima Siddiqui

Saima Siddiqui

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