LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Anil Ambani led Reliance Entertainment denies making payment to Julie Gayet, her firm

Refuting what it termed "deeply shocking" allegations of a quid pro quo in the Rafale deal, Reliance Entertainment on Wednesday denied it has made any payment to actress-producer Julie Gayet, partner of the former French President François Hollande.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Anil Ambani led Reliance Entertainment denies making payment to Julie Gayet, her firm
Reliance Entertainment, which has financed over 50 international films, said it has "participated, through one of its partners, a French financing firm, Visvires Capital. Image Source: Reuters
Written By: IANS
Updated: Wed, Sep 26, 2018
01:16 pm
New Delhi, IANS
RELATED NEWS
Reliance Jio launches ‘affordable’ 2GB plan—Check price, plan validity and more here Reliance Jio launches ‘affordable’ 2GB plan—Check price, plan validity and more here
Rs 900 crore! Reliance Infra completes sale of entire 74% shareholding in Parbati Koldam Transmission Company Limited to India Grid Trust Rs 900 crore! Reliance Infra completes sale of entire 74% shareholding in Parbati Koldam Transmission Company Limited to India Grid Trust
BPCL privatisation: Bid closes on Monday, all eyes on Reliance BPCL privatisation: Bid closes on Monday, all eyes on Reliance
CLSA prefers Bharti Airtel over Jio and Vodafone Idea in Telecom sector CLSA prefers Bharti Airtel over Jio and Vodafone Idea in Telecom sector
General Atlantic invests Rs 3,675 crore in Reliance subsidiary RRVL General Atlantic invests Rs 3,675 crore in Reliance subsidiary RRVL

Refuting what it termed "deeply shocking" allegations of a quid pro quo in the Rafale deal, Reliance Entertainment on Wednesday denied it has made any payment to actress-producer Julie Gayet, partner of the former French President François Hollande. "Reliance Entertainment has not signed any agreement with Julie Gayet or her company, Rouge International? nor has any payment ever been made by Reliance Entertainment to either of them in relation to the film film `nOmber One`," a company spokesman said in a statement.

There have been allegations that the Anil Ambani-owned Reliance Entertainment funded the Gayet movie as quid pro quo at a time Hollande was set to sign the newly-negotiated 36-aircraft Rafale deal with Prime Minister Narendra Modi`s government that brought in Ambani`s Reliance Defence as an offset partner. The opposition Congress has been attacking the government, alleging a scam in the scrapping of the earlier deal for 126 aircraft negotiated with the previous United Progressive Alliance (UPA) dispensation. 

In its statement, Reliance Entertainment, which has financed over 50 international films, said it has "participated, through one of its partners, a French financing firm, Visvires Capital, in the said film project involving famous French actor and director Serge Hazanavicius, and leading French actor Kev Adams".

"Reliance Entertainment has financed just 15 per cent of the overall film budget, and paid only 1.48 million euros? The balance cost of the film budget has been financed to the extent of another 15 per cent (on identical terms as Reliance) by a leading French investment firm, NJJ Capital, and the balance through sale of TV rights and pre-sales of global territories to a number of parties, tax credits, etc.," the statement said.

The company, according to the statement, paid the 1.48 million euros to Visvires Capital only "on December 5, 2017, as customary only about two weeks before the release of the film on December 20, 2017. "President Hollande had ceased to hold office in May 2017, more than six months prior to the said payment".

It said the company also received "300,000 euros from the French producer of the film for providing physical production services for extensive location shooting of the film in difficult mountainous terrain in Ladakh". "At around the same time, Visvires Capital also acquired for Reliance Entertainment the rights to remake a hugely popular and successful French movie, `La Famille Belier`, which is going into production in the year 2019. 

"In addition, as announced in the year 2017, Reliance Entertainment is producing an Indo-French film, `The Interpreter`, starring Kev Adams, helmed by the famous Indian director, Vikas Bahl (`Queen`, `Super 30`), which is presently at the scripting stage," the statement said.

Watch This Zee Business Here:

"It is deeply shocking that, to serve narrow political interests, baseless allegations have been made by deliberately distorting facts and falsely attempting to co-relate a normal business course payment of a relatively small amount of 1.48 million euros to the supply of 36 fighter jets from France to India valued at nearly 8 billion euros," the statement said.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
RelianceAnil Ambani
RELATED NEWS
Reliance Jio launches ‘affordable’ 2GB plan—Check price, plan validity and more here Reliance Jio launches ‘affordable’ 2GB plan—Check price, plan validity and more here
Rs 900 crore! Reliance Infra completes sale of entire 74% shareholding in Parbati Koldam Transmission Company Limited to India Grid Trust Rs 900 crore! Reliance Infra completes sale of entire 74% shareholding in Parbati Koldam Transmission Company Limited to India Grid Trust
BPCL privatisation: Bid closes on Monday, all eyes on Reliance BPCL privatisation: Bid closes on Monday, all eyes on Reliance
CLSA prefers Bharti Airtel over Jio and Vodafone Idea in Telecom sector CLSA prefers Bharti Airtel over Jio and Vodafone Idea in Telecom sector
General Atlantic invests Rs 3,675 crore in Reliance subsidiary RRVL General Atlantic invests Rs 3,675 crore in Reliance subsidiary RRVL

LATEST NEWS

Nureca IPO Listing: In talk with Anil Singhvi, Founder & CEO Aryan Goyal reveals company's outlook

Manufacturing, MSMEs spearheading economic growth: RBI Governor Das

Naandhi Box Office Collections Worldwide: Shouting success! Blockbuster justice! Allari Naresh says thanks to fans for so much love

SBI share price today: After some consolidation stock ready to make new HIGHS! On course to reach Rs 450 in just 2 weeks

Big HELP by Indian Railways! This man paid Rs 6011 instead of Rs 60 to a vendor! Check how RPF helped him get his money back

Redmi 9 Power new variant launched in India; Check all details here!

Prachi Desai plays a cop in new murder mystery

Samsung Galaxy M62 launched - smartphone packs this massive feature; Check all details here

7th Pay Commission: Big bonanza on Dearness Allowance (DA), Dearness Relief (DR) for Central Government employees, pensioners coming before Holi?

PUBG Mobile New State official trailer released, pre-registration on Google Play Store | All new features, details here!

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved