Business

India billionaire Mukesh Ambani at center of bomb scare case

The richest man in Asia is reportedly at the center of a bomb scare case that’s led to an Indian businessman’s murder and ensnared a Mumbai cop.

According to local media, Sachin Waze, an assistant police inspector in India’s second-largest city, was arrested Saturday for his alleged role in the threat against tycoon Mukesh Ambani, who on Monday ranked No. 21 on Forbes’ list of the world’s richest with a fortune of $82 billion.

The wild saga started on Feb. 25 when cops found explosive gelatin sticks inside an SUV parked near Antilia, the massive 27-story Mumbai skyscraper where Ambani lives with his family, reports say.

While the Mahindra Scorpio SUV didn’t contain an assembled explosive device, authorities did find a letter warning that the incident was just a “glimpse” of what was to come, India’s PTI news agency reported.

The letter also reportedly contained threats against Ambani, 63, who has amassed his net worth as the chairman of Reliance Industries, an energy and telecom conglomerate.

The Scorpio SUV belonged to Mansukh Hiren, a businessman from the nearby city of Thane who had previously reported the vehicle stolen earlier in February, local media reported.

But Hiren was reportedly found dead in a creek on March 5, about a week after the SUV was discovered near Ambani’s home.

Security personnel stands guard outside Ambani's residence.
Security personnel stands guard outside Ambani’s residence.
EPA

Hiren’s wife, Vimla Hiren, told investigators that her late husband knew Vaze and alleged that the embattled cop had used the car in recent months before it went missing, the Indian Express newspaper reported.

Vimla Hiren also suspects that Vaze — who was the investigating officer on the bomb scare case before he was replaced — was involved in her husband’s killing, according to reports.

A top official told the Hindustan Times that Vaze confessed to being part of a group that placed the SUV near Ambani’s opulent home, which reportedly cost more than $1 billion to build.

Vaze was suspended from Mumbai’s police force on Monday in the wake of his arrest, multiple reports say.

Ambani has stayed quiet about the bomb scare, and Reliance Industries did not immediately respond to a request for comment Monday. But the company issued a statement last month thanking local cops for their “quick and immediate action.”

“We are confident that Mumbai Police will complete their thorough investigation quickly,” a Reliance spokesperson told India’s Business Today magazine.


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H.BUSH founded Open Your Times with an aim to bring relevant and unaltered news to the general public with a specific viewpoint for each story catered by the team. He is a proficient journalist who holds a reputable portfolio with proficiency in content analysis and research. With ample knowledge about the business industry, H.BUSH also contributes her knowledge to the business section of the website.