(Bloomberg) -- The former billionaire Anil Ambani was ordered to pay $100 million within six weeks as a deposit in a lawsuit in which three Chinese banks are seeking hundreds of millions of dollars in defaulted loans.
- Judge David Waksman made the order Friday in London.
- Lawyers for Ambani said earlier that he didn't have the funds to pay the deposit
To contact the reporter on this story: Jonathan Browning in London at jbrowning9@bloomberg.net
To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net
©2020 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.