The Enforcement Directorate today revealed the filing of a chargesheet against Reliance Power Ltd. and several others for allegedly engaging in money laundering. The case revolves around the issuance of a fraudulent bank guarantee amounting to Rs 68 crore meant to secure a tender from the Solar Energy Corporation of India Limited.

Key figures named in the prosecution include former Reliance Power CFO Ashok Kumar Pal and several subsidiary companies, among others. Investigations uncovered that these individuals and entities were allegedly aware the bank guarantees were counterfeit and utilized fake endorsements to deceive authorities.

Anil Ambani's Reliance Group, although maintaining its innocence, is accused of using forged documents and spoofed emails in a bid to meet tender requiremen

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