Ambani being bankrupt: Foreign property will be confiscated, banks preparing to take strict action

New Delhi: Anil Ambani, one of the world’s top businessmen, is now on the verge of being a pauper. Business Anil Ambani, who is facing a case in UK court for not paying the debts of Chinese banks, has himself confessed this before a UK court. At the same time, Chinese banks will seize Ambani’s overseas assets and recover their dues. Please tell that these banks have given loans of about Rs 5 thousand 276 crore to Anil Ambani’s companies.

Enforcement action against Anil Ambani

At the same time, three Chinese banks – Industrial and Commercial Bank of China, Export-Import Bank of China and China Development have decided that they will take enforcement action against Anil Ambani while exercising their rights and acquiring properties abroad. Will try┬áSignificantly, during the hearing in Britain on Friday in this case, Ambani reportedly said that he had nothing left and was living by selling jewelry.

Chinese bank will exercise its rights

During a hearing in the case on Friday, lawyer for Chinese banks Thanki QC told a UK court that Anil Ambani was making all efforts to not give a single pie to the lender banks. At the same time, after listening to his side, banks have now decided to take enforcement action against Anil Ambani. Banks said they would make full use of their officers and adopt all legal options.


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