2G: Sonata Investment Ltd was part of RADAG, witness tells court
A 2G case prosecution witness told a Delhi court that Sonata Investment Limited was a part of Reliance but Anil Ambani was not on its board of directors.
A 2G case prosecution witness today told a Delhi court that Sonata Investment Limited, allegedly involved in transfer of funds between Swan Telecom and Reliance ADA group, was a part of the latter but Anil Ambani was not on its board of directors."I am aware of Sonata Investment Ltd. This company is also part of Reliance ADA Group. Sonata Investment Ltd is part of Reliance Energy group. Sonata Investment Ltd is a non-banking finance company."It is engaged in the business of investments and corporate lending," Reliance Power Ltd's Senior Vice President (Project and Finance) and its Chief Financial Officer Deepak Maheshwari told Special CBI Judge O P Saini.During his cross-examination, he, however, said Reliance ADA Group Chairman Anil Ambani was "not on the board of directors of Sonata Investment Ltd."