Special CBI Court Remanded Amitabh Jhunjhunwala To CBI Custody Till June 5 In Alleged Bank Loan Fraud Case

A Special CBI Court remanded Amitabh Jhunjhunwala, former Group Managing Director of Reliance Communications, to CBI custody until June 5 in an alleged bank loan fraud case. The agency sought custodial interrogation as part of its investigation into a suspected large-scale financial fraud involving Reliance Communications and related group entities.

Supreme Court Moved for Probe: Former Govt Secretary Seeks Court-Monitored Investigation into Massive Anil Ambani–RCOM Bank Fraud

A PIL filed by former government secretary EAS Sarma urges the Supreme Court to monitor a full investigation into alleged Rs 31,580 crore bank fraud by RCOM and Anil Ambani. The plea alleges large-scale fund diversion, fake accounts, shell companies and institutional complicity.

CBI Alleges Rana Kapoor’s ‘Unilateral Decision’ Cost Yes Bank Over Rs 2,700 Crore in Deals with Anil Ambani Firms

The CBI claims Yes Bank lost more than Rs 2,700 crore after Rana Kapoor invested heavily in Anil Ambani-led companies. The charge sheet accuses both of criminal conspiracy, cheating, and corruption.