Anil Ambani quits Rajya Sabha

Noted industrialist Anil Ambani resigned from the Rajya Sabha today.

Ambani was elected to the upper house of the Parliament in June 2004 as an independent candidate from Uttar Pradesh with the support of the Samajwadi Party.

He had joined the Uttar Pradesh Development Council (UPDC) in an honorary capacity prior to his election to the Rajya Sabha.

There has been no suggestion that there is any issue in his continuing as a member of UPDC after being elected to the Rajya Sabha, an Anil Dhirubhai Ambani Group (ADAG) statement said.

"It is my firm view that, in public life, one must uphold the highest standards of transparency, propriety and ethics and avoid any possibility of controversy, however remote or unlikely. Keeping this in mind, I have decided to tender my resignation from the Rajya Sabha with immediate effect," Ambani said.