Central bureau of investigation (CBI) has launched a multi-pronged probe into alleged bank frauds involving companies of the Reliance Anil Dhirubhai Ambani (ADA) group, registering separate first information reports (FIRs) and carrying out searches in Mumbai and Pune — including at the residence of Jai Anmol Ambani, son of industrialist Anil Ambani — in connection with suspected fund diversion and financial misconduct. Officials confirmed on Tuesday that the agency has booked Jai Anmol Ambani and Reliance Home Finance Ltd (RHFL) for allegedly cheating Union Bank of India to the tune of ₹228 crore, based on a detailed complaint from the lender (formerly Andhra Bank). The FIR also names former RHFL director Ravindra Sharad Sudhakar and unidentified public officials. According to

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