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CBI claims over Rs 73K crore bank 'fraud' in Anil Ambani Group probe; ED flags IBC irregularities

CBI is investigating alleged bank loan frauds worth over Rs 73,000 crore involving the Anil Ambani Group, while ED has flagged possible irregularities in insolvency proceedings. The Supreme Court has directed a time-bound, transparent probe and sought full cooperation from all agencies

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Anil Ambani. File Pic

Anil Ambani. File Pic

The Central Bureau of Investigation (CBI) is probing bank loan frauds cumulatively worth Rs 73,000 crore in seven cases registered against the Reliance Anil Ambani Group, according to a status report filed in the Supreme Court in February.

The CBI informed the court that it is actively investigating seven cases, and is probing the roles of certain public servants as well.

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