Home / News / World News / Article / Le Monde: France waived 144 mn euro tax dues of Anil Ambani firm

Le Monde: France waived 144 mn euro tax dues of Anil Ambani firm

According to the newspaper, Ambani's telecom company "Reliance Atlantic Flag France" was investigated by French tax authorities and found liable to pay u00e2u0082u00ac60 million between 2007 and 2010

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Anil Ambani

Anil Ambani

In fresh revelations in the Rafale deal, French newspaper Le Monde reported that Anil Ambani's French-registered telecom company was given tax waivers worth €143.7 million by local authorities, shortly after the announcement by Prime Minister Narendra Modi to buy 36 Rafale jets in fly away condition.

According to the newspaper, Ambani's telecom company "Reliance Atlantic Flag France" was investigated by French tax authorities and found liable to pay €60 million between 2007 and 2010.

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