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Reliance Com. contested the Audit Report

Anil Ambani controlled Reliance Communication (RCom) on sunday contested the report of Parekh and Co. the auditor appointed by the Department of Telecommunication (DOT) as ” Baseless unsupported and contrary to facts”.
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RCom strongly affirms that it anticipates no additional financial liability towards licence or spectrum fee. The special Auditor’s report estimating alleged additional liability of Rs. 316 crore is incorrect hopelessely biased one sided and prejudiced said a press release issued by RCom. For instance the Special Auditors have incorrectly alleged that there is an additional liability of Rs.90 crore towards licence fee on discounts it said.

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