Reliance Industries Ltd denied all allegations made by Arvind Kejriwal against the company as well as Chairman Mukesh Ambani today.
Neither Reliance nor Mukesh Ambani have or had any illegitimate accounts anywhere in the world, the company said in a statement.
Reliance has business interests in several countries with turnover of thousands of crores, it said adding that as a part of its normal business, these international subsidiaries of Reliance Industries Ltd deal with several global banks including HSBC. These accounts are fully compliant with all regulations and are disclosed in their appropriate jurisdictions and in India.
The continued allegations are baseless and motivated, it said.