The Central Bureau of Investigation conducted searches at multiple Mumbai locations linked to Reliance ADA Group firms over alleged ₹27,337 crore bank fraud. The probe covers Reliance Telecom and finance companies, with arrests already made and investigation monitored by the Supreme Court of India
The CBI has conducted searches at locations linked to Reliance Telecom and its former directors after registering an FIR in connection with an alleged Rs 114.98 crore fraud involving State Bank of India and a consortium loan