Ex-Billionaire Ambani Pleads Poverty in Chinese Loan Fight

Anil Ambani says he has no ‘meaningful assets’ to liquidate
Judge orders Ambani to pay $100 million as a court deposit

Anil Ambani — Anil Ambani
Photographer: Qilai Shen/Bloomberg

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By Jonathan Browning

February 7, 2020 at 6:44 AM EST

Updated on

February 7, 2020 at 12:48 PM EST

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The brother of Asia’s richest man was ordered to set aside $100 million in his dispute with three Chinese banks, even as he pleaded poverty.

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Before it’s here, it’s on the Bloomberg Terminal