The CBI on Saturday examined two former group managing directors of Reliance ADA Group in connection with an alleged bank fraud of Rs 2,929.05 crore involving Reliance Communications Ltd and Anil Ambani, officials said.
In a separate case, the agency examined Sanjay Dangi, an advisor at Authum Investment and Infrastructure Ltd, in connection with an alleged fraud of more than Rs 57 crore involving Reliance Commercial Finance Ltd and the Bank of Maharashtra, they said.
Authum Investment and Infrastructure Ltd has taken over the assets of Reliance Commercial Finance Ltd and Reliance Home Finance Ltd, which are under investigation.
Officials alleged that financial institutions and banks suffered losses of over Rs 9,000 crore in connection with Reliance Commercial Finance Ltd and Reliance Home Finance Ltd.
The agency recently questioned Anil D Ambani, an “accused” in the Reliance Communications case registered on a complaint by the State Bank of India, for two days.
According to the F
