Cobrapost has alleged that the Anil Ambani-led Reliance Group diverted Rs 28,874 crore using shell companies and offshore entities across multiple countries. The report claims funds were routed through subsidiaries and SPVs before being written off. The group denied the allegations
The man had applied for a personal loan and had eventually received a call on WhatsApp from unknown person who claimed to be an executive of ‘Reliance Capital’. The caller then collected details of Aadhaar, PAN card and bank statement.
Reliance Mediaworks Financial Services Private Limited, an RCAP Group company, is one of the investors in PFL -- promoted by Naresh Malhotra and Namit Malhotra. Reliance Mediaworks holds 10.57 per cent stake in the PFL.
