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The Central Bureau of Investigation (CBI) is probing bank loan frauds cumulatively worth Rs 73,000 crore in seven cases registered against the Reliance Anil Ambani Group, according to a status report filed in the Supreme Court in February. The CBI informed the court that it is actively investigating seven cases, and is probing the roles of certain public servants as well. After reviewing the status report filed by the CBI and its financial investigations counterpart, the Enforcement Directorate (ED), the apex court issued an order on March 23. "...the losses in the other cases also come to several thousands of crores, totalling claims of approximately Rs 73,006 crore," the apex court order said, referring to the CBI probe. A response from the Reliance Group to a query sent by PTI regarding this development is awaited. The ED told the court that it seized certain documents that speak about a purported "Project Help", indicating that insolvency proceedings were "deliberately" starte
The CBI on Wednesday registered a fresh case against industrialist Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to Life Insurance Corporation (LIC) of India, officials said. The CBI has filed the case for the alleged offences of conspiracy, cheating and misappropriation and under the provisions of the Prevention of Corruption Act on a complaint from the LIC, making it the fourth case against the company and Anil Ambani, they said. The agency has alleged that LIC was fraudulently induced to subscribe to Non Convertible Debentures (NCDs) worth Rs. 4500 crore between 2009 and 2012 on the basis of false representations made by Reliance Communications Ltd. and its management regarding the financial health of the company, and security and asset cover offered to LIC while subscribing to the NCDs. The insurer suffered a loss of over Rs 3,750 crore and ordered a forensic audit against the company. The forensic audit report dated October 15, 2020
The CBI has conducted searches at the residences of two former directors of Reliance Telecom and the company office after registering an FIR against them in connection with an alleged fraud of Rs 114.98 crore in State Bank of India, officials said on Thursday. "The Central Bureau of Investigation (CBI) has registered a case against M/s. Reliance Telecom Ltd., Sh. Satish Seth (then Director), Sh. Gautam B Doshi (then Director), unknown public servants and unknown others for offences of conspiracy, cheating under IPC and criminal misconduct and abuse of official position under the Prevention of Corruption Act, 1988," a CBI spokesperson said in a statement here. The agency acted on a complaint from SBI about it being defrauded and suffering a wrongful loss of Rs 114.98 crore, she said. "SBI was a member of the consortium of 11 banks which had sanctioned a total of Rs 735 crore Term Loan facility to Reliance Telecom Ltd," the CBI said. The agency has conducted searches in Mumbai at the
The CBI on Saturday examined two former group managing directors of Reliance ADA Group in connection with an alleged bank fraud of Rs 2,929.05 crore involving Reliance Communications Ltd and Anil Ambani, officials said. In a separate case, the agency examined Sanjay Dangi, an advisor at Authum Investment and Infrastructure Ltd, in connection with an alleged fraud of more than Rs 57 crore involving Reliance Commercial Finance Ltd and the Bank of Maharashtra, they said. Authum Investment and Infrastructure Ltd has taken over the assets of Reliance Commercial Finance Ltd and Reliance Home Finance Ltd, which are under investigation. Officials alleged that financial institutions and banks suffered losses of over Rs 9,000 crore in connection with Reliance Commercial Finance Ltd and Reliance Home Finance Ltd. The agency recently questioned Anil D Ambani, an "accused" in the Reliance Communications case registered on a complaint by the State Bank of India, for two days. According to the F
The CBI on Thursday questioned industrialist Anil Ambani in connection with the alleged Rs 2,929 crore cheating case registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said. Ambani arrived at the agency headquarters this morning for questioning in the case. The agency has alleged fund diversion, misappropriation and other irregularities in the loan funds issued to the company by the bank, they said. The spokesperson for Anil Ambani said in a statement on Thursday that he will be appearing before the Central Bureau of Investigation (CBI) in Delhi on March 19 and 20 "for examination in connection with the FIR registered on the basis of a complaint filed by the State Bank of India". "The appearance is in furtherance to Mr Ambani's commitment to extend full cooperation in the matter with all agencies," the spokesperson said. The CBI had booked Ambani in August last year for allegedly defrauding the SBI to the tune of Rs 2,929.05
V Senthil Balaji, the DMK MLA from Karur, appeared before the CBI on Tuesday for questioning over a stampede during a political rally of TVK chief Vijay in the Tamil Nadu town last year, officials said. The CBI took over the case from an SIT following a Supreme Court order. TVK chief and actor Vijay's rally in Karur on September 27, 2025, resulted in a massive stampede that claimed 41 lives and left more than 60 people injured. In October last year, the apex court asked the CBI director to appoint a senior officer to take over the investigation, besides constituting a supervisory committee headed by former Supreme Court judge Ajay Rastogi to monitor the probe. A top court bench comprising Justices J K Maheshwari and N V Anjaria had said that the stampede left an imprint in the minds of the citizens throughout the country. It had wide ramifications with respect to the lives of citizens, and enforcing the fundamental rights of the families who lost their kin is of utmost importance,
The Delhi High Court on Monday granted time to former Delhi chief minister Arvind Kejriwal, his deputy Manish Sisodia and 21 others to respond to the CBI's petition challenging their discharge in the liquor policy case. Justice Swarana Kanta Sharma listed the CBI's petition assailing the trial court's decision for hearing on April 6. Solicitor General Tushar Mehta, appearing for the agency, said the trial court's "perverse" order "cannot remain on record even for a second more than necessary" and that Kejriwal and others should not be given more than a week's time to file their response. Reply is not necessary when the entire record of the trial court was available, he said. Senior counsel appearing for the AAP leader informed that they have already approached the Supreme Court challenging the matter. "I have not received any stay yet.. till the court gets an order staying the proceedings, the case has to proceed," the court observed. The senior lawyers appearing for the accused
The Chief Justice of Delhi High Court, D K Upadhyaya, has declined a request by former chief minister and AAP convenor Arvind Kejriwal and others to transfer CBI's plea against their discharge in the excise policy case from Justice Swarana Kanta Sharma to another judge. According to sources privy to the development, Justice Upadhyaya opined that Justice Sharma was hearing CBI's petition against the trial court's decision in accordance with the roster, and there was no reason to pass an order of transfer on the administrative side. A call for recusal has to be taken by the judge concerned, the chief justice clarified. The CBI's petition is listed for hearing before Justice Swarana Kanta Sharma on Monday. On March 11, Kejriwal, AAP leader Manish Sisodia, along with other accused in the excise policy case, made a representation to Chief Justice Upadhyaya to transfer CBI's plea against their discharge from Justice Sharma to another "impartial" judge. In the representation, Kejriwal ..
The CBI questioned Anil Ambani's son, Jai Anmol Ambani, for nearly five hours for a second consecutive day on Saturday in connection with an alleged Rs 228-crore fraud involving the Union Bank of India, officials said. Jai Anmol Ambani, the former director of Reliance Home Finance Limited (RHFL), was quizzed at the federal agency's headquarters here in connection with the bank-fraud case, in which he was booked along with RHFL's former CEO and whole-time director Ravindra Sudhakar, among others, they said. There was no immediate reaction from the company. The Central Bureau of Investigation (CBI) conducted searches at Jai Anmol Ambani's residence on December 9, 2025, after lodging an FIR against him and others. The CBI had acted on a complaint from the Union Bank of India (previously, the Andhra Bank), alleging that the company did not repay the credit availed from the bank, which turned the account into a non-performing asset (NPA) in 2019. The CBI registered a criminal case agai
CBI officials on Thursday served a notice of the Delhi High Court to Telangana Jagruthi president K Kavitha here in connection with the excise policy case. Kavitha in a post on 'X' said she was served the notice by the central investigating agency. In the notice, Kavitha, who was among those discharged in the case by a Delhi court recently, was informed that the application/petition filed by the CBI against the trial court's decision, is fixed for hearing on March 16. "Should you wish to argue anything against the application/petition, you are at liberty to do so on the date fixed or any other date to which the case may be postponed. Also take notice that in default of your appearance on the date fixed and in the manner above, the application/petition will be heard and decided exparte in your absence," the notice read. She further said she is in consultation with her legal team and will respond appropriately through official channels. Kavitha, daughter of BRS president and former
The CBI has conducted searches at 15 locations across multiple states in connection with a large-scale online financial fraud involving overseas fintech platform 'Pyypl', officials said Thursday. The Central Bureau of Investigation (CBI) is now seeking custody of the alleged kingpin of the gang, Ashok Kumar Sharma, a chartered accountant, who was recently arrested by the Enforcement Directorate (ED). The case was referred to the CBI by the Union home ministry's anti-cyber crime wing -- I4C. Following this, the agency registered a case and carried out searches on Wednesday in Delhi, Uttar Pradesh, Rajasthan and Punjab, they said. According to investigators, Sharma was allegedly running a large-scale organised scam involving fraudulent investment schemes, cyber fraud, and illicit cryptocurrency transactions, and part-time job fraud involving offshore withdrawals and overseas fintech platforms from his office in Bijwasan on the Delhi-Gurugram border, which came to be known as the ...
The CBI has arrested Darwin Labs co-founder Ayush Varshney, one of the main accused in the Rs 20,000 crore Gain Bitcoin currency scam case, officials said on Wednesday. The agency had issued a Look Out Circular against Varshney. His attempt to flee the country on Monday triggered an alert, leading to his detention at the Mumbai airport, they said. Varshney was formally arrested on Tuesday. According to the CBI, Darwin Labs designed and developed the digital infrastructure which formed the operational backbone of the alleged fraudulent enterprise Gain Bitcoin. During the investigation, the agency detected the alleged involvement of Darwin Labs Private Limited and its co-founders -- Varshney, Sahil Baghla and Nikunj Jain, the chief capital officer and founder at Vaomi AI -- in the design, development and deployment of a cryptocurrency token known as MCAP and its associated ERC-20 smart contract. In a statement, it said that Darwin Labs allegedly played a central role in building the
The CBI has asked actor and TVK chief Vijay to appear before it on March 15 here in the Karur stampede case, officials said Tuesday. The agency, which questioned Vijay twice in January, had again summoned the actor on March 9, but he had requested that it be deferred by 15 days, they said. The actor had also urged that the questioning be conducted in Chennai or any office in Tamil Nadu, citing political engagements due to upcoming assembly elections in the state, they said. The CBI has now asked him to appear on March 15 in Delhi at the agency headquarters, they said. The central probe agency has also asked the DMK MLA from Karur, Senthil Balaji, to appear for questioning on March 17, they said. In a message posted on 'X' in Tamil, Balaji, a former state minister, wrote that he intends to appear before the CBI on March 17 and give clarification regarding the Karur stampede tragedy. The CBI took over the case from an SIT following a Supreme Court order and has been gathering evide
Challenging the special court order discharging former Delhi chief minister Arvind Kejriwal and others in the excise policy case, the CBI has submitted to the Delhi High Court that the order was based "on a selective reading of the prosecution case, disregarding the material showing the culpability of the accused", and was "patently illegal". In its 974-page petition before the high court, the CBI said the Special Judge essentially conducted a mini-trial and "spent 4 months' time reading only the file of the case", which shows appreciation of the evidence by the judge which "otherwise is not permitted at this stage". The special judge dealt with separate limbs of conspiracy in isolation rather than assessing the actions of the accused cumulatively, the agency also said. Terming the order "perverse", the agency said it suffers from "errors apparent on the face", is based on "misreading" of facts and violates the Supreme Court's assertions related to the stage when charges are to be .
The CBI will challenge the discharge of former Delhi Chief Minister Arvind Kejriwal and ex-Deputy Chief Minister Manish Sisodia in the liquor policy case in Delhi High Court "immediately," officials said on Friday. The agency feels that the appeal is necessary since several aspects of the investigation have either been "ignored or not considered" by the trial court, they said. "The Central Bureau of Investigation (CBI) has decided to appeal in the high court against the judgment of the trial court immediately since several aspects of the investigation have either been ignored or not considered adequately," a CBI spokesperson said in a statement. A Delhi court on Friday discharged Kejriwal, Sisodia and 21 others in the liquor policy case by refusing to take cognisance of the CBI chargesheet against them. Among the 21 people given a clean chit in the case is Telangana Jagruthi president K Kavitha. Special Judge Jitendra Singh rapped the CBI for lapses in the investigation, saying th
The CBI has registered a fresh case against industrialist Anil Ambani and Reliance Communications (RCOM) for allegedly cheating the Bank of Baroda during 2013-17 causing a wrongful loss of more than Rs 2,220 crore to the bank, officials said Thursday. The case stems from a complaint received from the bank on Tuesday, they said. "After registration of this case, the CBI has conducted searches at the residence of Anil Ambani and the registered offices of Reliance Communication Ltd. Various documents connected with this loan transactions have been recovered," a CBI spokesperson said in a statement. "The allegations in the FIR are that Bank of Baroda has suffered a loss of more than Rs 2,220 crore due to the loans availed by Reliance Communications which were allegedly diverted and misutilized by creating fictitious transactions with related parties," the spokesperson said. According to the officials, the account was declared a non-performing asset in 2017 itself. "However, based on t