Pandora Papers: Anil Ambani, the bankrupt Reliance ADA Group Chairman, owns 18 offshore companies
Zee News
In an "unprecedented leak", the financial secrets of 35 current and former world leaders, more than 330 politicians and public officials in 91 countries and territories have been exposed, according to the International Consortium of Investigative Journalists (ICIJ).
NEW DELHI: An International Consortium of Investigative Journalists (ICIJ) has exposed “offshore havens and hidden riches of world leaders and billionaire business tycoons in unprecedented leak” through documents called “Pandora Papers”.
Open financial secrets of several prominent Indian business tycoons, including Reliance ADA Group Chairman Anil Ambani, Biocon Executive Chairperson Kiran Mazumdar Shaw’s husband John McCallum Marshall, corporate lobbyist Niira Radia, and Ajit Kerkar of Cox and Kings, have been revealed in the long list disclosed by the consortium.
“Pandora Papers” has disclosed that Reliance ADA Group Chairman Anil Ambani and his representatives own 18 offshore companies with an overall transaction value of USD 1300.5 million in Cyprus, Jersey, and British Virgin Islands (BVI).
