New Delhi: The Central Bureau of Investigation (CBI) has registered a case against Reliance Communications (RCom) and its promoter director Anil Ambani in connection with an alleged bank fraud, officials said on Saturday.
The case pertains to a complaint by the State Bank of India, which alleged that it suffered a loss of over ₹2,000 crore due to the fraud.
Following the registration of the case, the CBI conducted searches at Anil Ambani’s residence and other locations linked to RCom.
Officials said raids were underway and further investigation is in progress.
