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.