Anil's accusation, made at a shareholders' meeting of his firm, Reliance Natural Resources, on Tuesday in Mumbai, has caused shock and awe in the business community for its blatant exposure of the country's worst-kept secret: the unholy nexus between business and politics.

FORBES: The Ambani brothers are at it again.

One accusation identifies Pope Benedict, when he was archbishop of Munich, as leading a meeting that approved the transfer of a sex offender who was later convicted of molesting boys at a different parish.

FORBES: Media

The accusation is that these countries have outlawed the Tamil Tigers as terrorists but are now attending a meeting where they are represented as partners with the Sri Lankan Government.

BBC: G L Peiris, left, and Anton Balasingham