Suhel Seth: Hello.
Niira Radia: Hi! You are really down huh?
Suhel Seth: I am miserable, you cannot imagine.
Niira Radia: My God! You are sounding awful.
Suhel Seth: How is your tooth?
Niira Radia: My tooth, the swelling has gone down. A little pain, but I will be okay, but I am on medication.
Suhel Seth: But tell me, what happened? Wasn’t there some court case today?
Niira Radia: It has got listed for the 20th.
Suhel Seth: Oh, so that is it, 25th of July.
Niira Radia: 20th, 20th, 20th of July. So we will have another grind for another week and listen to all this, nonsense they will put out.
Suhel Seth: It is just ridiculous.
Niira Radia: Yeah.
Suhel Seth: But I tell you it is so sad.
Niira Radia: Toh Suhel kya karoge. Batao na kucch karo [So Suhel, what will you do. Please tell me, do something].
Suhel Seth: Mein to abhi ja hi raha hun [I am just about to leave] one minute, my dog is also going berserk. (Shouts) Google, sit down…
Niira Radia: I love that name Google.
Suhel Seth: Ha, because he can find anything that none of us can. Obviously, because he has hidden it… What I do is, let us see, I will be honest with you. I haven’t even gotten up, I cannot put pen to paper. Otherwise, in any case I am there and you want me to speak to anyone, not that you don’t know anyone.
Niira Radia: No, but what I thought was if you write… that would be so good. But you’ll talk from there or are you on a pucca holiday?
Suhel Seth: Actually I am on a pucca holiday, you know why? Because every bloody time I go there is some CII nonsense, there is some other nonsense. Every time I say, ‘Mein to phone hi leke nahi ja raha [I am just not going to take the mobile phone along].’
Niira Radia: I am trying to get a break, it is just crazy.
Suhel Seth: Huh? But when are you going to take a break.
Niira Radia: I do not know. I was hoping to do it last week, but it did not happen. So maybe after the 20th I will take off a week or something.
Suhel Seth: Where? In Europe?
Niira Radia: Yeah, Europe, yeah. I wanted to also go to Italy.
Suhel Seth: If you are in London, then just SMS me. I am back in London on the 24th.
Niira Radia: Yeah, I should be. No, then I would go to for that Michael Jackson’s concert.
Suhel Seth: Arre [hey], you serious?
Niira Radia: The last concert I was supposed to go.
Suhel Seth: Oh God!
Niira Radia: Ya, well that is gone so I cannot go. And so I already got some of my friends to arrange it for us.
Suhel Seth: Oh God!
Niira Radia: But anyways, now we cannot go. Also, I know he is not there. We will do something else. I do not know, now with this matter coming up on the 20th, when I can travel. A lot of things going on; even on the Tata side there is so much going on. So I need to get away for a week…
Suhel Seth: But the Tatas thankfully are really under control on the media at least huh?
Niira Radia: The media is under control but there are a lot of other stuff that they are handling at the policy level.
Suhel Seth: Correct, correct, but I am saying thank God at least at the media level, there is no, nothing, it’s all good on the contrary.
Niira Radia: Ya, ya, it is all under control, but thank God thank God! Can you imagine if it were both (laughs)…
SUHEL : I swear man, it could have been unbelievable.
Suhel Seth: One thing only between the two of us… If the older fellow has so much of an influence, how come the younger brother is able to do so much?
Niira Radia: Ya, last time hua tha na [remember what happened the last time] Amar Singh ka nuclear deal ke baad [after Amar Singh’s nuclear deal]… It was limited to the period of three to four months… when they gave support for the nuclear deal. So it was only limited in that period. And after that Amar Singh made sure that he did what he could… and even all ED inquiries against Anil Ambani have started again.
Suhel Seth: Thank God!
Niira Radia: He has borrowed 10 billion dollars in two years.
Suhel Seth: But wasn’t there something that apparently he had taken money against some foreign holding or some rubbish like that.
Niira Radia: Basically, he has played according to the sort of figures that have [been] brought to us. He has already played around [Rs] 40 thousand crores in the market and lost it. So he has to pay back and his balance sheet is showing a debt of [Rs] 75 thousand crores. And unless he can bring in equity, which his brother won’t allow him to bring in because he has got the ROFR (right of first refusal)… he can’t do anything. So he can only fight us in the court and through media, whatever he wants. So he is in a tight corner.
Suhel Seth: My God, yaar.
Niira Radia: And this gas thing was nothing else… He is basically saying give me money.
Suhel Seth: But the older fellow should not succumb.
Niira Radia: Nothing at all, he is very sure.
Suhel Seth: They should really nail him.
Niira Radia: He is going to nail him now because he had enough of him.
Suhel Seth: And plus he is no one’s friend.
Niira Radia: Ya, he is no one’s friend. You know, Suhel, all industry is on one side and Anil is on one.
Suhel Seth: Ya, I was speaking at a function on June 30, I think at the HSBC thing, and we were together sitting at the same table. He was bitching… (inaudible).
Niira Radia: Yeah, he is back tomorrow in Delhi.
Suhel Seth: Who?
Niira Radia: Sunil, no?
Suhel Seth: Oh Sunil, ok I don’t know.
Niira Radia: He was also saying that he had enough of him. So everyone is on one side including the Tatas. Because Tata is also battling this issue out. And Anil is on one side. So maybe we should all be just together and put this misery to an end.
Suhel Seth: Misery! I cannot even laugh!
Niira Radia: He is a misery, isn’t he?
Suhel Seth: He is a pain in the ass, yaar.
Niira Radia: I know.
Suhel Seth: If it weren’t for him, you would be on your holiday now.
Niira Radia: Isn’t it just my God! Chal [come on] I wouldn’t be talking to you otherwise.
Suhel Seth: Oh God!
Niira Radia: That is why you better get better soon.
Suhel Seth: I will. Are you in Delhi?
Niira Radia: I am in Delhi, yeah.
Suhel Seth: Oh, I guess I will give you a buzz tomorrow and let us be all, you know, hook for a drink.
Source: As submitted to the Supreme Court