India on Saturday said a French media report linking a tax exemption given to a French subsidiary of Reliance Group and an $8.7 billion fighter jet deal between the two countries was “totally inaccurate”. India’s main Opposition party, Congress, has for months accused Prime Minister Narendra Modi of corruption in choosing Reliance Defence as a domestic partner in the deal to buy 36 Rafale planes from France’s Dassault Aviation. Congress has made it a major issue in India’s 39-day national election. The allegations have repeatedly been denied by both Modi and Mumbai-based Reliance, controlled by industrialist Anil Ambani.
Reliance said in a statement on Saturday that Reliance FLAG, which runs a cable network and telecom infrastructure business in France, mutually agreed with the French authorities to pay Rs 560 million ($8 million) as a