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Anil Ambani's big test

끭baniarrest
On the offensive

Say this about Anil Ambani: he does not take adversity lying down.

The embattled Indian billionaire, questioned on Wednesday by the CBI probing a huge telecoms fraud, has been on the offensive since last week, when his group blamed "baseless and motivated rumours" spread by rivals for a sharp selldown in his stocks.

Fit at 51 and married to a former Bollywood actress, the man who ranked 36th on last year's Forbes global rich list has never been shy about attacking his adversaries, most famously in a long-running feud with his older and richer brother, Mukesh.

Ambani is the highest-profile executive to be questioned in a widening corruption investigation that has led to arrests - including the telecom's minister - rocked Prime Minister Manmohan Singh's government, and cast a harsh light on the overlap of business and politics in booming India.

Image: Anil Ambani leaves after being questioned by CBI officials.

Text: Reuters

Images: AP, AFP and Reuters




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