Mukesh Ambani rescues Anil, ensures he doesn’t go to jail

Ericsson had dragged Ambani to the court after RCom failed to clear its dues, and won the suit

Mukesh Ambani stepped in to save his younger brother Anil from going to jail by giving money to be paid to Swedish equipment major Ericsson. Beleaguered telecom operator Reliance Communications (RCom) has paid ₹458.77-crore to Ericsson, avoiding a potential three-month jail term for its Chairman Anil Ambani.

The payment comes a day before the deadline set the Supreme Court expires on Tuesday. The group paid the amount to the court on Monday, sources close to the development said.

When contacted, an Ericsson spokesperson confirmed the developments.