HomeBusinessMaharashtra government gives big shock to Anil Ambani

Maharashtra government gives big shock to Anil Ambani

Anil Ambani’s troubles continue to haunt him. Anil Ambani’s company is already under the burden of huge debt. Companies have continued to be sold one after the other. Anil Ambani’s companies are heading towards ruin one after the other.

Anil Ambani, once included in the list of the world’s top 10 billionaires, has now reached the verge of bankruptcy. One after the other, Anil Ambani’s companies have been sold at throwaway prices. Now he is going to get another big shock. The Maharashtra government is in the process of taking back five airports from Anil Ambani’s company.

 

Another blow for Anil Ambani

The Maharashtra government is preparing to take back five airports leased to the Anil Ambani group for development. The Maharashtra government has given indications in this regard. In the year 2008-09, Anil Ambani was entrusted with the development work of Baramati, Naded, Osmanabad, Latur and Yavatmal airports by the government. But due to the collapse of the company, neither these airports could be maintained nor the dues were paid.

Now the Maharashtra government is considering taking back these airports from Reliance Airport Developers. Maharashtra Deputy Chief Minister Devendra Fadnavis gave information about this in the assembly.

He said that the company was entrusted with the task of developing these airports and starting their operations. But Anil Ambani’s Reliance Company neither maintained the airport nor paid the dues.

“We are discussing with the Advocates General of the state. We are considering taking back these airports from the company. The government is also considering paying money from its side to develop those airports soon,” Devendra Fadnavis told the media.

“Efforts would be made to resolve the matter soon. Reliance Airport Developers Limited Company currently has the responsibility of five airports. Anil Ambani’s company had made the highest bid of Rs 63 crore for five airports,” he added.