Anil Ambani Questioned Again by CBI in ₹2,929-Crore Bank Fraud Case
Anil Ambani Questioned Again by CBI in ₹2,929-Crore Bank Fraud Case
CBI questions Anil Ambani for the second day in a ₹2,929-crore bank fraud case linked to Reliance Communications, with an FIR filed in 2025.
CBI questioned Anil Ambani for the second consecutive day on Friday in connection with a ₹2,929-crore bank fraud case involving Reliance Communications Ltd. His earlier statement in the same case had been recorded on Thursday. The FIR, filed in August 2025, names Reliance Communications Ltd (RCom), Ambani, and others, accusing them of criminal conspiracy, cheating and criminal breach of trust.
The agency's investigation details potential routing of loan funds, inter-company loan transactions, misuse of sales invoice financing, discounting of RCom's bills by Reliance Infratel, movement of funds through inter-corporate deposits, write-off of capital advances to Netizen Engineering Private Limited (a group company of the Reliance ADA Group), and creation or write-off of fictitious debtors. The FIR notes an outstanding liability exceeding ₹40,000 crore to various lenders.
The questioning underscores the ongoing probe into possible misappropriation and fund routing within the group's telecom and infrastructure ventures. Authorities continue to examine documents and ledgers, with the State Bank of India as the complainant bank.
