New Delhi, Feb 4 (IANS) The Supreme Court on Wednesday expressed serious concern over an “unexplained delay” by the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) in probing alleged large-scale bank loan frauds linked to Reliance Communications Ltd (RCOM), its group companies, and promoter Anil Ambani, involving public funds estimated at Rs 40,000 crore. A Bench headed by Chief Justice of India (CJI) Surya Kant asked the ED to constitute a Special Investigation Te…
Latest Anil Ambani News & Updates
New Delhi, Jan 28 (IANS) The Enforcement Directorate (ED) has provisionally attached assets worth Rs 1,885 crore of Anil Ambani’s Reliance Group, including immovable properties, bank balances, receivables and shareholding in unquoted investments, according to a statement issued by the agency on Wednesday. The attachments have been done in the Reliance Home Finance Ltd (RFHL), the Reliance Commercial Finance Ltd (RCFL), and the Yes Bank fraud case, as well as the Reliance Communication Ltd (RCOM)…
New Delhi, Jan 23 (IANS) The Supreme Court on Friday sought sealed-cover status reports from the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) on their ongoing probes into alleged large-scale bank frauds linked to Reliance Communications Ltd (RCOM), its group companies, and promoter Anil Ambani. A Bench of Chief Justice of India (CJI) Surya Kant and Justice Joymalya Bagchi directed the two Central agencies to apprise the top court of the progress made in the investig…