Anil Ambani tells UK court he leads disciplined, not lavish lifestyle
London: Reliance Group chairman Anil Ambani has told a UK court that suggestions of his lavish tastes are speculative because his lifestyle is "very disciplined" as he gave evidence in a dispute involving a loan agreement with three Chinese banks.
The 61-year-old former billionaire appeared via videolink from Mumbai before the High Court on Friday for compulsory cross-examination in aid of an asset disclosure order obtained by the Industrial and Commercial Bank of China Ltd Mumbai Branch, China Development Bank and Exim Bank of China.
The order required Ambani to give full disclosure of all of his assets worldwide exceeding USD 100,000.
"My needs are not vast and my lifestyle is very disciplined," Ambani told the London court.
Asked about his fleet of luxury cars and other references to his lavish lifestyle as the counsel for the banks cross-examined him, the Reliance Communications chief dismissed them as "speculative" media stories.
"Mr Anil Ambani has always been a simple man of simple tastes, contrary to exaggerated perceptions of his flamboyance and lavish lifestyle," said a spokesperson for Anil Ambani.
"He is devoted to his family and company, an avid marathon runner, and deeply spiritual. He is also a lifelong vegetarian, teetotaller and non-smoker who would much rather watch a movie at home with his kids than go out on the town. Reports that suggest otherwise are completely misleading," the spokesperson said.
The dispute revolves around an alleged breach of a personal guarantee on a company debt refinancing loan of around USD 925 million dating back to February 2012. Ambani denies providing authority for any such guarantee, resulting in the High Court action in the UK the jurisdiction agreed upon as part of the terms of the loan agreement.
In May, the Commercial Division of the High Court of England and Wales in London had ruled that the personal guarantee was binding on Ambani and directed him to pay early USD 717 million to the three Chinese banks.
"The banks will use the information from the cross-examination to pursue all available legal avenues to protect their rights and recover the outstanding loans owed to them, the banks said in a statement this week.
At a hearing in the case earlier in the year, a UK judge had ruled that he did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove".
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Media dinner shooting suspect wrote about targeting of administration officials, Trump says
Washington (AP): The man accused of trying to storm the ballroom at the White House Correspondents' Association dinner with guns and knives had written about targeting Trump administration officials, and his family raised concerns with law enforcement before the event, President Donald Trump said Sunday in an interview on Fox News Channel.
The accused gunman's family had alerted police in Connecticut, Trump said, revealing new details about a chaotic encounter that disrupted one of Washington's glitziest annual events the night before.
The suspect, identified by law enforcement officials as 31-year-old Cole Tomas Allen of Torrance, California, was expected to face criminal charges on Monday from the Justice Department, whose acting leader, Todd Blanche, said the suspect travelled by train from California and checked in as a guest days earlier at the Washington hotel where the Saturday night gala dinner was held with its typically tight security.
Law enforcement officials who have interviewed Allen's relatives, examined the gunman's electronic devices and his writings preliminarily believe he intended to target administration members in attendance at the dinner.
He attempted to charge into the cavernous ballroom at the Washington Hilton but was tackled to the ground in a violent scene that resulted in shots being fired, Trump being hurried off the stage and guests ducking for cover beneath their tables.
“It does appear that he did in fact set out to target folks who work in the administration, likely including the president,” Blanche told NBC's “Meet the Press.”
The suspect is believed to have purchased the two firearms he carried within the last couple of years, Blanche said. He is not being cooperative and is expected to face multiple charges on Monday.
Video posted by Trump showed the suspect running past security barricades as Secret Service agents ran toward him. One officer was shot in a bullet-resistant vest but was recovering, officials said. The gunman was taken into custody and was not injured, but was being evaluated at a hospital, police said.
“He failed,” Blanche said on CBS's “Face the Nation.” “Law enforcement did their jobs.”
Authorities believe the suspect fired the shot that hit the Secret Service officer, who is expected to make a full recovery, Blanche said.
“He's going to be great, he's going to be fine, and thank God he was wearing a bulletproof vest,” Blanche said Sunday on ABC's “This Week.”
Social media posts that appear to match the suspect show he is a highly educated tutor and amateur video game developer.
A May 2025 profile photo of Allen appears to match the appearance of the man in a photo of the alleged attacker being taken into custody that was posted Saturday night by Trump.
The photo, posted to the social networking site LinkedIn, shows him in a cap and gown after graduating with a master's degree in computer science from California State University, Dominguez Hills.
Allen earned a bachelor's degree in 2017 in mechanical engineering from the California Institute of Technology in Pasadena. He listed his involvement there in a Christian student fellowship and a campus group that battled with Nerf guns.
The shooting at the security barricades happened minutes after the event got underway.
The Secret Service and other authorities swarmed the room as guests ducked under tables by the hundreds. Gasps echoed through the ballroom as guests realised something was happening. Hundreds of journalists immediately got on phones to call in information.
“Out of the way, sir!” someone yelled. Others yelled to duck. From one corner, a “God Bless America” chant began as the president was escorted offstage. Outside the hotel, members of the National Guard and other authorities flooded the area as helicopters circled overhead.
After an initial attempt to resume the event, it was scrapped for the night and will be rescheduled.
Trump was unusually conciliatory after what he saw as a third attempt on his life in less than two years. He suggested that his personal politics had made him a repeated target, but he also called for unity and bipartisan healing in an increasingly violent world.
“It's always shocking when something like this happens. Happened to me, a little bit. And that never changes,” Trump told reporters in a hastily organised news conference at the White House late Saturday.
