New Delhi, July 4 (IANS) The Central Bureau of Investigation (CBI) on Saturday said that it has arrested Amit Bapna, former Chief Financial Officer of Reliance Capital Ltd, in connection with the ongoing investigation into the Reliance ADA Group cases.According to the CBI, the investigation has revealed that Amit Bapna — who served as Chief Financial Officer of Reliance Capital Ltd from August 2014 to December 2019 — was one of the key decision-makers responsible for managing the financial aff…
Latest Amit Bapna News & Updates
New Delhi, July 1 (IANS) A Delhi court on Wednesday extended the judicial custody of two former senior officials of the Anil Ambani-led Reliance Group — Amitabh Jhunjhunwala and Amit Bapna — till July 15 in connection with a money laundering probe linked to an alleged bank loan fraud case. The two accused were produced before the Rouse Avenue Court through video conferencing on the expiry of their earlier judicial custody.The court also posted the matter for July 9 for hearing on the question …
New Delhi, May 2 (IANS) A Delhi court on Saturday extended the judicial custody of two former senior officials of the Anil Ambani-led Reliance Group — Amitabh Jhunjhunwala and Amit Bapna — until May 15 in connection with a money laundering probe linked to Reliance Home Finance Limited (RHFL).The Special Judge, PMLA, at the Rouse Avenue Courts allowed the Enforcement Directorate (ED) plea for custodial interrogation, extending the custody.Jhunjhunwala and Bapna were produced before the Rouse …
New Delhi, April 16 (IANS) A Delhi court on Thursday sent two former senior officials of the Anil Ambani-led Reliance Group — Amitabh Jhunjhunwala and Amit Bapna — to five days’ Enforcement Directorate (ED) custody in connection with a money laundering probe linked to an alleged bank loan fraud case.The Special Judge, PMLA, at the Rouse Avenue Courts allowed the ED’s plea for custodial interrogation, sending the duo to the agency’s custody, even as the federal anti-money laundering age…
New Delhi, April 16 (IANS) Anil Ambani-led Reliance Group said on Thursday that Amitabh Jhunjhunwala and Amit Bapna, who earlier held charge of senior positions in the group, are currently not working with it.The duo has been arrested by the Enforcement Directorate in connection with an ongoing money laundering investigation linked to an alleged banking fraud involving group entities such as Reliance Home Finance Ltd (RHFL) and Reliance Commercial Finance Ltd (RCFL).Reliance said that Jhunjhunwa…
New Delhi, April 15 (IANS) The Enforcement Directorate (ED) has arrested Amitabh Jhunjhunwala and Amit Bapna, close aides of industrialist Anil Ambani, in an ongoing investigation under the PMLA, based on multiple ECIRs registered by the Central Bureau of Investigation (CBI), according to sources. Jhunjhunwala, who was the director of Reliance Capital Limited, is alleged to have been one of the key decision-makers in various operations of RHFL (Reliance Home Finance Limited) and RCFL (M/s Rel…