RIL diverting crores of govt revenue: R-Adag

RIL diverting crores of govt revenue: R-Adag
Comment E-mail Print Share
First Published: Tue, Sep 29 2009. 12 11 AM IST
Updated: Tue, Sep 29 2009. 12 11 AM IST
New Delhi: Reliance Infrastructure Ltd, a Reliance-Anil Dhirubhai Ambani group (R-Adag) company, has asked the oil ministry to stop Mukesh Ambani-led Reliance Industries Ltd (RIL) from charging marketing margin on gas, alleging that RIL was not sharing the revenue and “diverting” crores of rupees of the government’s share.
In a letter to petroleum secretary R.S. Pandey, Reliance Infrastructure vice-president Kamal Kant also sought to know whether RIL was entitled to charge the marketing margin despite the fact that “RIL is not sharing this part of sales consideration with the government. “Thus, several crores of rupees that would belong to the government are being diverted by RIL”.
Comment E-mail Print Share
First Published: Tue, Sep 29 2009. 12 11 AM IST
More Topics: RIL | R-Adag | Mukesh Ambani | Reliance | Anil Ambani |