Sunday, August 30, 2009

OilMin mulls defamation suit against Anil Ambani's RNRL

The ministry is contemplating seeking the law ministry’s view on slapping the suit on RNRL over a claim that government share from KG-D6 initially will be just Rs 500 crore, while RIL will earn a super-normal profit of Rs 49,500 crore.

Sources in the ministry stated that RNRL and its executives stuck to this claim despite the government clarifying in a written statement that its revenues from KG-D6 over the life of the field would be more than Rs 84,000 crore, with a clear objective to “malign and tarnish its image”. (via OilMin mulls defamation suit against RNRL).

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