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$344M fraud case

India’s CBI probes Anil Ambani in $344M fraud case

August 23, 2025 by Attia Naveed

India’s federal investigation agency opened a criminal case against industrialist Anil Ambani and his company Reliance Communications. The case follows a complaint by the State Bank of India, the country’s largest bank. The bank alleges that Ambani and his company caused losses worth 30 billion rupees ($344 million). Authorities claim the funds were misused and […]

Filed Under: World Tagged With: $344M fraud case, Anil Ambani, India’s CBI, Latest

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