Facing heat from lenders, Anil Ambani says no desire to make personal gains

Anil Ambani (pictured), who is facing the heat from domestic and overseas lenders, on Tuesday said his sole desire was to help Reliance Communications (RCom) and not to make personal gains. He made the remark while addressing the shareholders of Reliance Power at the annual general body meeting on Tuesday.

Ambani stepped down as director of RCom last November after the company was referred to insolvency tribunal against the backdrop of a UK court directing him to pay $717 million to the three Chinese banks. Separately, State Bank of India (SBI), too, has moved insolvency court to recover Rs 1,200 crore