'Demon preaching vedas': Future Rt'l independent directors on Amazon claim

US e-commerce giant had accused them of 'fraudulent stratagem' in transferring 835 stores to Reliance group.

The independent directors of the Future Retail Ltd (FRL) have rejected Amazon's allegations of facilitating a fraudulent stratagem for the transfer of 835 stores to Reliance Retail, terming them as "false" and said the e-commerce major is trying to create a narrative using the company "as a pawn" to carry its battle against billionaire Mukesh Ambani.

They have said due to the "cumulative effect" of Amazon's wrongful conduct, the lenders of FRL had rejected the Rs 24,713 crore deal with Reliance Retail and the account the company has been declared NPA as it failed to monetise the assets by selling