CBI questions Anil Ambani for second day in connection with ₹2,929-crore cheating case
The Hindu
CBI interrogates Anil Ambani for second day over ₹2,929-crore cheating case linked to Reliance Communications and SBI.
The CBI on Friday (March 20, 2026) questioned industrialist Anil Ambani for the second consecutive day in connection with a Rs 2,929-crore cheating case, registered against Reliance Communications Ltd. and him on a complaint by the State Bank of India (SBI), officials said.
Mr. Ambani arrived at the agency headquarters at around 10 a.m., they said.
On Thursday (March 19, 2026), the Central Bureau of Investigation (CBI) sought his responses on alleged fund diversion, misappropriation and other irregularities in the loan funds issued to the company by the bank, they said.
"The appearance is in furtherance to Mr. Ambani's commitment to extend full cooperation in the matter with all agencies," Anil D, Ambani's Spokesperson had said in a statement on Thursday (March 19, 2026).
The CBI had booked Mr. Ambani in August last year for allegedly defrauding the SBI to the tune of ₹2,929 crore, officials said.
According to the SBI complaint, now part of the FIR, the company had an outstanding of over ₹40,000 crore to various lenders, with the public sector bank alone facing a loss of ₹2,929 crore, according to 2018 figures.
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