Economy
CBI Registers Fresh Corruption Case Against Reliance Capital and Anil Ambani
The Hindu1h
THE BRIEF
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The Central Bureau of Investigation registered a fresh case against Reliance Capital Limited, its former chairman Anil Ambani, and others for causing an alleged loss of ₹2,684.57 crore to LIC.
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The FIR alleges that LIC was dishonestly induced through misrepresentation to subscribe to five non-convertible debentures aggregating ₹3,900 crore issued by RCAP between April 2012 and March 2018.
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The agency stated it has previously filed eight FIRs, six charge sheets, and arrested seven accused across various group entities in cases monitored by the Supreme Court.