RCOM

21 Mar

CBI Examines Former Reliance ADA Group Executives in Rs 2,929 Crore Bank Fraud Case

Gurpreet Singh0 CommentsIndiaAnil Ambani, bank fraud, CBI probe, Gautam Doshi, RCOM, Reliance ADA Group, SBI complaint

New Delhi (Gurpreet Singh): The Central Bureau of Investigation (CBI) intensified its probe into the Reliance ADA Group on Saturday, March 21, 2026, by examining two former group managing directors, Gautam Doshi and Sateesh Seth. The questioning, which took place at the agency's headquarters in New Delhi, is part of an ongoing investigation into an alleged bank fraud amounting to ₹2,929.05 crore involving Reliance Communications Ltd (RCom) and its promoter, Anil Ambani. This follows the examination of another former managing director, Amitabh Jhunjhunwala, earlier this week on March 18. The case originates from a formal complaint filed by the State…

25 Jul

ED Raids Over 35 Sites in RAAGA Money Laundering Probe, Reliance Group Denies Allegations

Rajeev Sharma0 CommentsBusiness, India000 crore loan fraud, Enforcement Directorate, PMLA, RAAGA Companies, RCOM, Reliance Anil Ambani Group, RHFL, Yes Bank, ₹3

New Delhi, July 25, 2025: The Enforcement Directorate (ED) on Thursday launched a widespread search operation at more than 35 locations across the country in connection with an ongoing money laundering investigation involving companies under the Reliance Anil Ambani Group (RAAGA Companies). The searches, carried out under Section 17 of the Prevention of Money Laundering Act (PMLA), covered over 50 companies and more than 25 individuals believed to be connected to the case.The probe agency revealed that the investigation stems from earlier FIRs registered by the Central Bureau of Investigation (CBI), as well as key information provided by institutions like…