The Enforcement Directorate has registered a money laundering case against Subhash Chandra under the PMLA over an alleged Rs 1,322 crore loan fraud on LIC Housing Finance Limited. The allegations are those of the lender and the CBI FIR, they are untested, and Chandra’s response to the ED case was awaited. New Delhi: The Enforcement […]
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.
