Reliance Anil Ambani Group Raided

  Published 11 months ago

India's financial crime agency raided 35 sites tied to Reliance Anil Ambani Group over alleged ₹3,000 crore loan fraud.

  • Group accused of laundering public funds via shell companies and violating Yes Bank’s loan approval norms.
  • Allegations include bribe payments to Yes Bank officials during the 2017–2019 loan disbursement period.
  • Reliance has not issued a response; the investigation is ongoing amid a wider crackdown on financial irregularities.

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