Anil Ambani questioned by CBI for seven hours in bank loan fraud case

Anil Ambani appeared before the CBI on Friday. File pic

Reliance Group Chairman Anil Ambani was interrogated by the CBI for seven hours on Friday in Delhi, marking the second consecutive day of questioning in connection with the alleged Rs 2,929.05 crore SBI fraud case.

CBI had registered an FIR on August 21, 2025, following a complaint filed by SBI three days earlier over allegations of fraud to the tune of Rs 2,929.05 crore against the public sector bank, in which Reliance Communications Limited, Anil D Ambani and others, including unknown public servants, are accused.

"During the investigation of this case, earlier the CBI had summoned accused Anil Ambani for interrogation on Thursday at the Head Office in Delhi," a senior officer said.

He added, "Since the interrogation remained incomplete on Thursday, Anil Ambani was summoned again to the CBI office on Friday."

Complaint against Anil Ambani

The complaint is based on a forensic audit report that alleges large-scale diversion and misutilisation of loan funds through interlinked and circuitous transactions among group entities during the period 2013-17. The diversions of funds, as per the complaint, resulted in wrongful loss of Rs 2,929.05 crore to SBI out of a total exposure of Rs 19,694.33 crore involving 17 public sector banks, according to an official statement.

SBI is the lead bank in the consortium of 11 banks, including Bank of India, Central Bank of India, UCO Bank, Union Bank of India, and all the other banks that had extended loans to the Anil Ambani group.

Subsequent to the registration of the case, separate complaints were received from Punjab National Bank, Bank of India, Union Bank of India, UCO Bank, Central Bank of India, IDBI Bank and Bank of Maharashtra.

Following a series of complaints against Ambani, the CBI obtained search warrants from the court of the Special Judge for the CBI, Mumbai, and conducted searches at two official premises of Reliance Communications Limited on August 23, 2025.

Various other cases filed against Anil Ambani

Another case has been registered against Ambani and others, including some public servants, on February 25, 2026. The case was filed on the basis of a complaint filed on February 24, by Bank of Baroda, which includes the exposure of e-Dena Bank and e-Vijaya Bank.

(With inputs from IANS)