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We`re good corporate citizen: Mukesh Ambani

Mukesh Ambani says RIL, as a responsible corp citizen has not reacted to media propaganda on gas dispute.

New Delhi: In an obvious dig at Anil Ambani
group firm RNRL, Mukesh Ambani has said RIL, as a "responsible
corporate citizen", has refrained from reacting to the media
propaganda on the gas dispute.

"We would like to assure all our stakeholders that our
objective is to act in a manner that is fully in consonance
with our respect for the law and is protective of the national
interests," the industrialist told in his annual letter to RIL

The company`s annual report for 2008-09 quoted Ambani`s
letter to shareholders, but it did not name as to who was
behind the media campaign.

Anil Ambani group had in August this year launched a
five-part advertising campaign in a number of national
dailies, wherein it had alleged a nexus between the Petroleum
Ministry and RIL to undermine the interests of RNRL.

"As a responsible corporate citizen, RIL has chosen to
refrain from reacting to the propaganda in the national media
with regards to the KG-D6 gas court case," RIL Chairman and
Managing Director Mukesh Ambani noted in the letter.

RIL and RNRL are locked in a long-running legal battle
over supply of gas from the Mukesh Ambani-led firm`s KG-D6
fields to the Anil Ambani group firm. The Supreme Court began
hearings yesterday on the case, in which the two parties have
cross-appeals related to a June 15 Bombay High Court ruling.

Bureau Report

From Zee News

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