Friday, Mar 20, 2026 23:30 [IST]
Last Update: Thursday, Mar 19, 2026 17:56 [IST]
NEW DELHI, (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 entering into transactions that violated the terms of loans extended
by it. The public sector bank classified the accounts as fraud in June last
year. This led to CBI searches at RCom's offices and Ambani's residence.
Along with Ambani, Amit Dangi, the whole-time Director at
Authum Investment & Infrastructure Ltd., was also summoned and
interrogated for 7 hours. Authum Investment has taken over the assets of
Reliance Commercial Finance Ltd. and Reliance Home Finance Ltd., both of which
are under investigation.
Ambani moved the Supreme Court in December after the
Bombay High Court upheld the SBI's decision to file a case. The Reliance chief
claimed certain documents, based on which the classification orders were
passed, were not provided to him initially and were furnished only after six
months.
Reliance Communications, once a major telecom operator,
has been undergoing insolvency proceedings after it ran into losses while
accumulating a mountain of debt.
Last week, Anil Ambani's son Jai Anmol Ambani was
investigated by the CBI in connection with the Rs 228 crore fraud case
involving Reliance Home Finance Ltd (RHFL). He was examined by the premier
investigative agency for two days.
The agency questioned him in connection with an alleged
bank fraud case in which he has been booked along with Reliance Home Finance
Ltd’s former CEO and ex-whole-time director, Ravindra Sudhalkar, and others.
The CBI had registered the case on December 6, 2025, in
connection with the alleged bank fraud involving Reliance Home Finance Ltd
(RHFL), Jai Anmol Anil Ambani, Ravindra Sudhalkar, unknown persons and unknown
public servants.
The criminal case was registered against RHFL -- a
company of the Reliance Anil Dhirubhai Ambani Group -- its promoters or
directors, and unknown bank officials on the basis of a complaint by Union Bank
of India. The complaint alleged criminal conspiracy, cheating and criminal
misconduct, causing a wrongful loss of Rs 228.06 crore to Union Bank of India
(ex-Andhra Bank).
