Industrialist and Rajya Sabha member Anil Ambani has sent a letter to the Chairman of the House, Bhairon Singh Shekhawat, detailing his assets "in the interest of transparency, fair disclosure and good governance". |
In his letter, Ambani has listed the companies where his financial interests, including remuneration, are involved. |
"In the interest of transparency, fair disclosure and good governance, I am voluntarily making a disclosure of my interests in various organisations," the vice-chairman and managing director of Reliance Industries said. |
Ambani's declaration will enable him to participate in various discussions in the Rajya Sabha, including on subjects where his business interests might be involved. |
Elected as an independent with Samajwadi Party support, Ambani has expressed a desire to be part of the parliamentary committees on human resource development and water resources. |
Stating that he was entitled to remuneration from Reliance Industries and Reliance Energy, Ambani listed five companies where he was a director and 11 where he was a shareholder. |
Besides, he has listed seven areas, including oil and gas, telecom, textiles, petrochemicals and financial services, where he has interests as a shareholder or a director. |
Ambani also mentioned 10 trusts and five organisations and committees, including the Uttar Pradesh Development Council, the Indian Institute of Management and the Dhirubhai Ambani Foundation, where he was a member. |