New Delhi. CBI has registered an FIR against Jai Anmol Ambani, son of industrialist Anil Ambani. CBI has taken action in the fraud case of loan of Rs 228 crore taken from Union Bank. A complaint was lodged by the bank in this regard. This is the first time that Anil Ambani’s son has been made a direct accused in a case. CBI alleges that Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies associated with Reliance Group, had taken loans worth Rs 228.06 crore from Union Bank but misused the loan amount for other purposes.
According to CBI, at the time when the funds were diverted after taking loan from the bank, Jai Anmol Ambani was the executive director of Reliance Home Finance. According to the Central Investigation Agency, Jai Anmol and other directors of the company together gave false information to the bank and did not follow the terms of the loan. On the complaint of Union Bank, CBI has registered a case against Jai Anmol, Reliance Home Finance Limited, Reliance Commercial Finance Limited and other unknown people under relevant sections of Prevention of Corruption Act along with 120B (criminal conspiracy) and 420 (fraud).
Let us tell you that Anil Ambani-owned Reliance Power Limited and some other companies including Reliance Communications are already on the radar of ED and CBI in the bank loan fraud case of Rs 17 thousand crore. ED and CBI have also interrogated Anil Ambani. Just last month in November, ED had attached new properties worth more than Rs 1,400 crore belonging to Reliance Group. Under the Prevention of Money Laundering Act (PMLA), till now ED has taken possession of properties worth about Rs 9000 crore of Anil Ambani Group.
