Anil Ambani tells UK court he 'sold jewellery to pay legal fees'

Mumbai: Reliance Group Chairman Anil Ambani, while appearing before a high court in London, said he sold all his jewellery to pay legal fees and that his expenses are being borne by his wife and family.

He appeared via videolink in a case perused by three Chinese banks against the businessman in London.

Anil Ambani, who's the younger brother of Asia's richest man Mukesh Ambani, said that the reports about him driving expensive cars were 'speculations' by media.

Anil said during his hearing that he has even taken loans from his mother and son.

Anil was asked various questions about his assets, expenses and total liabilities for more than three hours. Though Anil had sought that the matter should be held in private, the request was declined by the court. Desk: Asianet Online