Anil Ambani Questioned by CBI: Allegations of a Multi-Crore Scam

Industrialist Anil Ambani has been questioned by the CBI regarding a Rs 2,929-crore fraud case involving Reliance Communications Ltd, following a complaint by the State Bank of India. This case accuses Ambani and others of criminal conspiracy and misappropriation. Ambani denies all allegations and continues to cooperate with authorities.

On Friday, Anil Ambani, the prominent industrialist, was interrogated by the Central Bureau of Investigation (CBI) for over six hours concerning a Rs 2,929-crore cheating case linked to Reliance Communications Ltd, filed by the State Bank of India (SBI), according to official sources.

Ambani, arriving at the CBI headquarters for the second consecutive day, faced inquiries about alleged fund diversion and irregularities in loan funds issued by SBI. He was also presented with several related documents during questioning, officials revealed. Ambani's spokesperson reiterated his commitment to cooperating with the investigation.

The case stems from an August complaint by SBI alleging criminal conspiracy, cheating, and criminal breach of trust by Ambani and others. Despite the allegations, Ambani has denied any wrongdoing and intends to defend himself in court. The matter remains under judicial review, with Ambani challenging SBI's claims.

(With inputs from agencies.)