New Delhi, March 21: The Central Bureau of Investigation (CBI) continued its interrogation of prominent industrialist Anil Ambani for the second consecutive day regarding an alleged bank fraud case involving ₹2,929 crores. Sources indicate that Ambani arrived at the CBI headquarters around 10 AM on Friday for detailed questioning related to the case.
Previously, on Thursday, the CBI had questioned him for approximately eight hours, focusing on alleged fund diversion, misuse of loans, and other financial irregularities associated with bank loans.
Anil Ambani’s spokesperson stated that his appearance is part of his commitment to cooperate fully with all agencies involved.
This case was registered based on a complaint from the State Bank of India (SBI) against Reliance Communications and Anil Ambani. The CBI has accused the company and its associates of committing crimes such as criminal conspiracy, fraud, and breach of trust.
According to SBI’s complaint, the company owes over ₹40,000 crores to various banks, with SBI alone suffering a loss of about ₹2,929 crores. It is alleged that between 2013 and 2017, complex transactions through various group entities were used to misappropriate the loan amounts.
The CBI filed an FIR in this matter in August 2025. Following this, several other banks, including Punjab National Bank, Bank of India, Union Bank, UCO Bank, Central Bank, IDBI Bank, and Bank of Maharashtra, lodged separate complaints. Additionally, new cases related to this matter have been filed in February and March 2026, involving exposures from other banks.
During the investigation, the CBI conducted searches at Ambani’s residence in Mumbai and the offices of his company, seizing several important documents.
Meanwhile, Ambani’s spokesperson has dismissed all allegations, asserting that the case is over ten years old and that Ambani was a non-executive director at the time, with no involvement in daily operations.
He noted that the matter is currently under consideration by the National Company Law Tribunal (NCLT) and other judicial forums, including the Supreme Court.
My name is Bhupendra Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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