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Monday, March 2, 2026

Tag: fund diversion

SC Issues Notices in RCOM Fraud PIL Involving Anil Ambani

Supreme Court seeks responses from Centre, CBI, ED, and Anil Ambani on PIL alleging banking fraud and fund diversion in Reliance Communications case.

ED Issues Fresh Summons to Anil Ambani in Fraud Case After Skipped Appearance

Enforcement Directorate tightens stance, rejects virtual statement request as SFIO takes over investigation into ADAG companies for fund diversion.

ED Arrests Jaypee Infratech MD in Rs 14,599 Crore Money Laundering Case

Enforcement Directorate arrests Manoj Gaur for alleged diversion of homebuyer funds. Investigation reveals massive money laundering scheme affecting thousands of homebuyers.

ED Attaches Anil Ambani Assets Worth ₹3,084 Crore in Money Laundering Case

Enforcement Directorate seizes 40+ properties linked to Anil Ambani in ₹3,084 crore money laundering case involving fund diversion from Reliance finance companies.

ED Attaches Anil Ambani’s Pali Hill Residence, Properties Worth Rs 3,084 Cr

Enforcement Directorate seizes over 40 Reliance Group properties in money laundering case involving Yes Bank fund diversion and regulatory bypass.

Cobrapost Alleges Rs 41,900 Crore Fraud at Anil Ambani’s Reliance Group

Investigative portal alleges massive fund diversion through offshore entities; Reliance Group denies claims as malicious campaign to crash stock prices.

Cobrapost Accuses Reliance ADA Group of ₹28,874 Crore Banking Fraud

Explosive investigation reveals alleged fund diversion, offshore entities, and multiple legal violations in what could be India's major corporate fraud case.