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Anil Ambani ordered by UK Court to pay $700 million in dispute with Chinese Banks
May 22, 2020 | By Hindustantimes.com
business
Ambani offered a personal guarantee on the banks’ loans to his Reliance Communications Ltd. in 2012, Judge Nigel Teare said in a ruling Friday.
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Former billionaire Anil Ambani was ordered by a London judge to pay more than $700 million to a trio of Chinese banks following a dispute over defaulted loans. Ambani offered a personal guarantee on
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