Tag: China Development Bank
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Chinese banks to pursue enforcement right on Anil Ambnani’s global assets as repayment of $716 million loan
Anil Ambani has been chased by three Chinese banks to whom, according a UK court, he owed over $716 million (Rs 5,276 crore), plus significant legal costs including interest of Rs 7.04 crore. After his cross-examination by the commercial court on 29 June, his total repayment amount increased to $717.6 million. After Ambani’s recent cross-examination, ...