Central Bureau of Investigation Files Major Bank Fraud Case Against Industrialist Anil Ambani
In a high-stakes financial probe, the CBI has charged industrialist Anil Ambani with orchestrating a bank fraud involving over ₹2,000 crore, spotlighting issues of corporate governance and financial mismanagement.
Central Bureau of Investigation (CBI) registered a case against Reliance Communications and its promoter director, Anil Ambani, for an alleged bank fraud that caused a loss exceeding ₹2,000 crore to the State Bank of India. The CBI’s investigation focuses on irregularities in loan disbursements, with allegations that funds were diverted for unauthorized purposes, violating banking norms. This case adds to Ambani’s legal troubles, as he was previously interrogated by the Enforcement Directorate on August 5, 2025, in a related money laundering investigation. The high-profile nature of the case has drawn widespread attention, raising questions about accountability in corporate India. The CBI is expected to deepen its probe, examining financial records and potential accomplices, as public and investor scrutiny intensifies.
