CBI has registered an FIR against Jai Anmol Ambani in a Rs 228 crore bank fraud case linked to Reliance Housing Finance. Searches were conducted at his residence. The agency is investigating allegations of cheating and criminal conspiracy causing wrongful loss to Union Bank of India. A second FIR targets RCFL and its officials for a Rs 57.
NEW DELHI: CBI has filed an FIR against Jai Anmol Anil Ambani, son of businessman Anil Ambani, in an alleged bank fraud case linked to Reliance Housing Finance Limited (RHFL) & conducted searches at his residence on Tuesday, reports Rajshekhar Jha.The complaint alleges cheating, criminal conspiracy and criminal misconduct that led to a wrongful loss of Rs 228 crore to Union Bank of India (e-Andhra bank). CBI said the account was declared a non performing asset (NPA) on Sept 30, 2019 and as ‘fraud’ on Oct 10, 2024, by Union Bank of India. “Several incriminating documents have been observed and are being taken into possession,” a CBI spokesperson said.”RHFL was availing loans to the tune of Rs 5,572 crores from 18 banks, financial institutions and NBFCs. A thorough probe will be conducted into the allegations of defrauding all the banks/FIs, etc by the accused company,” it said. Searches were conducted at RHFL offices and at the home of ex-CEO and director Ravindra Sudhalka on Dec 9.CBI has filed a second FIR against RCFL, a firm of Reliance ADA group, its promoters, directors and some bank officials, based on a complaint of Bank of Maharashtra on allegations of criminal conspiracy, cheating and criminal misconduct & causing wrongful loss of Rs 57.4 crore to the bank.
