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NEW DELHI: CBI Friday questioned Jai Anmol Ambani in connection with their ongoing investigation into an alleged Rs 228 crore bank fraud involving Reliance Home Finance Ltd. (RHFL). The son of industrialist Anil Ambani appeared at the CBI head office in Delhi, where he was examined by investigating officers for around six hours. Following the lengthy session, officials directed him to appear again on Saturday for further questioning as the agency continues to probe the alleged financial irregularities, an agency spokesperson said.
The case, which was formally registered on Dec 6, 2025, names RHFL, Jai Anmol Anil Ambani, former CEO Ravindra Sudhalkar, and several public servants and individuals.
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The legal action originated from a complaint by Union Bank of India (formerly e-Andhra Bank) alleging criminal conspiracy, cheating, and criminal misconduct that resulted in a loss of Rs 228 crore. While the RHFL account was classified as a Non-Performing Asset (NPA) in Sept 2019, it was officially declared a “fraud” account on Oct 10, 2024, the agency said. The scope of the investigation extends beyond a single bank, as RHFL reportedly owed a total of Rs 5,572.3 crore to a consortium of 18 banks, financial institutions, and corporate bodies. Friday’s questioning follows a series of raids conducted on Dec 9, 2025, in Mumbai. Investigators previously searched the official premises of RHFL and the residences of both Ambani and Sudhalkar, seizing several incriminating documents.
