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…
Latest Reliance Group News & Updates
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…
Mumbai, March 26 (IANS) The Central Bureau of Investigation (CBI) has registered a case against Reliance Telecom Ltd., its then Directors Satish Seth and Gautam B. Doshi, along with unknown public servants and others, in connection with an alleged bank fraud case involving State Bank of India (SBI) amounting to Rs 114.98 crore.According to officials, the agency has invoked charges of criminal conspiracy and cheating under the Indian Penal Code, along with provisions related to criminal misconduc…
New Delhi, March 20 (IANS) Reliance Group chairman Anil Ambani was interrogated by the CBI here for seven hours on Friday for the second day in a row in connection with the alleged Rs 2,929.05 crore SBI fraud case. The CBI had registered an FIR on August 21, 2025, following a complaint filed by SBI over allegations of fraud to the tune of Rs 2,929.05 crore on the public sector bank, in which Reliance Communications Limited, Anil D. Ambani and others, including unknown public servants, are accuse…
New Delhi, March 19 (IANS) The Central Bureau of Investigation (CBI) questioned Reliance Group Chairperson Anil Ambani on Thursday for 8 hours at a stretch in a complaint filed by the SBI related to an alleged Rs 2,929 crore fraud by Reliance Communications (RCom). Ambani has been asked to appear for further interrogation at the CBI office on Friday.The CBI registered a complaint after the SBI claimed a loss of Rs 2,929 crore resulting from alleged misappropriation by RCom and Anil Ambani by ent…
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)…
Hyderabad, Jan 20 (IANS) The United Arab Emirates (UAE) has agreed to partner with Telangana for the development of Bharat Future City as a top global city, the Telangana government said. UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri met Chief Minister A. Revanth Reddy-led ‘Telangana Rising’ delegation, at the World Economic Forum in Davos on Tuesday.Touq Al Marri said his national government would be happy to join hands with Telangana. He suggested that the two governments estab…