Saturday, November 03, 2018

Rafale deal: Reliance Infrastructure terms Rahul's allegation 'blatant lies'

Reliance Infrastructure on Friday rejected allegations by Congress president Rahul Gandhi that Dassault Aviation invested Rs 284 crore in a "loss making" Indian company to secure the Rafale jet deal.

Reliance said the Congress was once again resorting to "blatant lies" and "distorted facts" to mount an "unwarranted campaign of calumny and falsehoods" against the Reliance Group and its chairman Anil Ambani.

A Reliance Infrastructure Ltd spokesperson said it was "deeply unfortunate" that the group and its chairman were continuously being dragged into a political battle ahead of the state and general elections.

It said that Dassault's investment in Reliance Airport Developers Ltd (RADL) had no link whatsoever with the Rafale contract between the Indian and French governments on a government-to-government basis where all 36 aircraft were to be exported by France.

"This investment is an independent arms-length transaction based on fair market valuation of the land and other assets of the company and the future business potential in the airports and related infrastructure sector," the release said.
It said that Anil Ambani has not entered into any transactions personally with Dassault nor has he derived any personal benefit from any transactions.
02/11/18 IANS/Times of India