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Bank Fund Diversion: CBI Raids 15 Locations Linked To Anil Ambani's Reliance ADA Group Over ₹27,337-Crore Fraud Case

The CBI searched 15 locations in Mumbai and Delhi as part of its probe into the alleged diversion of bank funds by Reliance ADA Group companies. The agency said seven FIRs relate to an alleged Rs 27,337-crore loss to public sector banks and LIC, while the group has previously denied wrongdoing.

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Bank Fund Diversion: CBI Raids 15 Locations Linked To Anil Ambani's Reliance ADA Group Over ₹27,337-Crore Fraud Case
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Bank Fund Diversion: CBI Raids 15 Locations Linked To Anil Ambani's Reliance ADA Group Over ₹27,337-Crore Fraud Case

Anil Ambani Reaches ED Headquarters in Delhi in FEMA Investigation Case
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Anil Ambani Reaches ED Headquarters in Delhi in FEMA Investigation Case

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