New Delhi (India), March 20 (ANI): Industrialist Anil Ambani on Friday arrived at the CBI headquarters in Delhi for the second day of questioning in connection with ₹2929.05 crore of alleged bank fraud against Reliance Communications Ltd. (RCOM).
This was after an FIR was registered on a complaint filed by the State Bank of India (SBI).
Anil Ambani also appeared before the investigating officer on Thursday where he was interrogated for 8 hours. According to the official statement.
Criminal proceedings have been registered against Reliance Communications Limited, Anil D Ambani and others unknown including unknown government officials on a complaint dated 18 August 2025 received from State Bank of India (SBI) which is the lead bank in a consortium of 11 banks namely Bank of India, Central Bank of India, UCO Bank, Union Bank of India, Bank of India, e-Corporation Bank, e-Corporation Bank IDBI Bank Limited, e-Oriental Bank of Commerce.
The complaint is based on a forensic audit report which alleges that between 2013 and 2017 there was widespread misuse and abuse of credit facilities through interconnected and circuitous transactions between group entities, resulting in an unjustified loss ₹2929.05 crores of SBI out of total exposure ₹19694.33 crores involving 17 public sector banks.
According to the investigating agency, separate complaints were received from Punjab National Bank, Bank of India, Union Bank of India, UCO Bank, Central Bank of India, IDBI Bank and Bank of Maharashtra after the case was registered on the basis of a CBI complaint.
Further, another case was registered on February 25 against M/s Reliance Communications Limited, Anil Ambani and others, including unknown government employees, based on a complaint dated February 24 received from Bank of Baroda involving the exposure of e-Dena Bank and e-Vijaya Bank.
Also, on March 5, another case was registered against M/s Reliance Communications Limited, its directors Anil Ambani, Manjari Ashok Kacker and other unknowns, including unknown government employees, based on a February 2 complaint received from Punjab National Bank involving e-United Bank of India disclosure.
A press release stated that the CBI obtained a search warrant from the court of the Special CBI Judge in Mumbai and conducted searches at two official premises of M/s Reliance Communications Limited, Anil Ambani’s residential premises, all in Mumbai on 23 August 2025. Several incriminating documents were seized during the searches.
