New Delhi, Aug. 24 -- Categorically "denying" all allegations and charges relatated to the Bank of India classifying the loan account of Reliance Communications Limited (RCom) as "fraud", Anil Ambani on Sunday said he is being "selectively singled out", and shall pursue remedies available to him in accordance with legal advice.

A spokesperson on behalf of the industrialist said in a statement that the matter dates back more than 10 years as per disclosures and records available in the public domain, and Anil Ambani had "no role" whatsoever in the day-to-day operations or decision-making of the company.

"The action by Bank of India to classify the loan account of Reliance Communications Limited (RCom) along with Mr Anil D Ambani pertains...