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.<\/p>\n
The case pertains to a complaint by the State Bank of India, which alleged that it suffered a loss of over \u20b92,000 crore due to the fraud.<\/p>\n
Following the registration of the case, the CBI conducted searches at Anil Ambani\u2019s residence and other locations linked to RCom.<\/p>\n
Officials said raids were underway and further investigation is in progress.<\/p>\n","protected":false},"excerpt":{"rendered":"
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 \u20b92,000 […]<\/p>\n","protected":false},"author":4,"featured_media":48300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1513,19,37],"tags":[8205,8202,8203,8206,8204],"class_list":["post-48299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest","category-national","tag-000-crore-due-to-the-fraud-following-the-registration-of-the-case","tag-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","tag-officials-said-on-saturday-the-case-pertains-to-a-complaint-by-the-state-bank-of-india","tag-the-cbi-conducted-searches-at-anil-ambanis-residence-and-other-locations-linked-to-rcom-officials-said-raids-were-underway-and-further-investigation-is-in-progress","tag-which-alleged-that-it-suffered-a-loss-of-over-2"],"yoast_head":"\n