: Thursday, April 30, 2026 8:57 PM
New Delhi. The Supreme Court on Thursday took on record the new status report filed by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED). This report is related to the investigation of the alleged big bank scam of Reliance Communications (RCom) and its associated companies. A bench of Chief Justice (CJI) Surya Kant, also comprising Justices Joymalya Bagchi and Vipul M. Pancholi, was told by advocate Prashant Bhushan, appearing for the petitioner, that despite progress in the investigation, the alleged ‘key accused’ in the case has not been arrested yet. Bhushan told the court, “CBI and ED have filed reports, but the main accused has not been arrested. Anil Ambani has been named as the main accused, but no action has been taken yet.”
To this, Solicitor General (SG) Tushar Mehta, appearing for the government, said that he could not comment on whether any particular person was or was not arrested.
“I cannot answer why
Taking the report on record, the Chief Justice said, “The status report has been taken on record. The next hearing will be on Friday (May 8) next week.”
Senior advocate Kapil Sibal, appearing for industrialist Anil Ambani, requested the bench headed by the Chief Justice to give him an opportunity to present his views for at least 30 minutes before taking further action.
The Supreme Court assured that the Ambani side will be given full opportunity. The court said, “We will listen to you. We will also listen to you before taking any decision on the report.”
This case pertains to a major financial scam and loan fraud involving RCom and its companies. Even before this, the Supreme Court had laid emphasis on transparent and time-bound investigation and had directed agencies like CBI and ED to jointly investigate.
Meanwhile, ED recently said that it has provisionally attached new assets worth Rs 3,034.90 crore under the Prevention of Money Laundering Act (PMLA) in this case. With this, the total attached assets in cases related to Reliance Anil Ambani Group has increased to more than Rs 19,344 crore.
According to ED, RCom and its companies had taken loans from banks in the country and abroad, of which a total of Rs 40,185 crore is still outstanding.
Separately, the CBI had earlier arrested two senior RCom officials — joint president D Vishwanath and vice president Anil Kalia — in the case.
The agency alleges that the investigation found that money was diverted through transactions made through shell companies, causing huge losses to 17 public sector banks and financial institutions.
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Web Title-Supreme Court Takes CBI and ED Reports on Record; Hearing in Anil Ambani-led RCom Loan Fraud Case Next Week
