New Delhi: The Central Bureau of Investigation (CBI) on Friday questioned industrialist Anil Ambani for the second consecutive day in connection with an alleged ₹2,929 crore loan fraud case linked to Reliance Communications Ltd.
The case is based on a complaint filed by State Bank of India (SBI). Ambani appeared at the agency’s headquarters around 10 am and was questioned for nearly seven hours before leaving at about 5.15 pm.
Officials said he was asked about the alleged diversion and misuse of loan funds sanctioned by banks to the company, along with other financial irregularities. Several documents were also examined during the questioning.
The CBI said Ambani was called again as the previous day’s questioning remained incomplete.
Separately, the agency is also probing another alleged loan default case involving Reliance Commercial Finance Ltd, where a fraud of ₹57.47 crore has been reported with the Bank of Maharashtra.
Responding to the developments, a spokesperson for Ambani said he is fully cooperating with the investigation. Ambani has denied all allegations, stating that the matter is over a decade old and that he was only a non-executive director at the time, with no role in day-to-day operations.
The case is currently under consideration before multiple judicial forums, including the Supreme Court and the National Company Law Tribunal (NCLT).
