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Bank loan fraud case: Former Reliance Communications MD Amitabh Jhunjhunwala remanded to CBI custody
Updated On: 03 June, 2026 06:50 PM IST | Mumbai | mid-day online correspondent
The CBI alleged that Amitabh Jhunjhunwala exercised control over major areas of the Reliance Communications operations, including corporate finance, banking activities and the utilisation of funds
The CBI sought his custody to carry out further questioning and conduct a detailed investigation into the case. Representational Pic/File
A Mumbai court on Wednesday remanded Amitabh Jhunjhunwala, former Group Managing Director of Reliance Communications, to Central Bureau of Investigation (CBI) custody until June 5 in connection with an alleged bank loan fraud case, reported the PTI.
Jhunjhunwala was produced before Special CBI Court Judge J.P. Darekar after being arrested by the agency earlier this week.
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