According to the prosecution, the case originated from a complaint lodged by the Bank of Maharashtra Mumbai: A special court on Saturday remanded Amit Bapna, the former chief financial officer of Reliance Capital Ltd, to Central Bureau of Investigation (CBI) custody until July 7 in connection with an alleged bank fraud involving Rs 9,280 crore….
Amitabh Jhunjhunwala is currently lodged in Arthur Road Jail under judicial custody for a separate, but related matter Mumbai: A special court on Wednesday remanded Amitabh Jhunjhunwala, former group managing director of the Anil Ambani-led Reliance Communications, to CBI custody till Friday in a multi-crore bank loan fraud allegedly involving Reliance Commercial Finance Limited. The…
CBI has arrested Amitabh Jhunjhunwala, former Group MD of Reliance Communications MUMBAI: The CBI on Monday arrested Amitabh Jhunjhunwala, former Group Managing Director of Reliance Communications Group in a bank loan fraud case related to the Reliance ADA Group. Earlier in the day, a special court permitted the investigating agency to formally arrest Jhunjhunwala who…
