New Delhi, Sep 18: The Central Bureau of Investigation (CBI) on Thursday filed two separate chargesheets against industrialist Anil Ambani and several others in connection with alleged fraudulent transactions between his group companies – Reliance Commercial Finance Ltd (RCFL) and Reliance Home Finance Ltd (RHFL) – and Yes Bank, causing a reported loss of ₹2,796 crore to the private lender.
The chargesheets, filed before a special CBI court in Mumbai, name Ambani as the Chairman of the Anil Dhirubhai Ambani (ADA) Group and Director of Reliance Capital Ltd, the holding company of RCFL and RHFL.
The ADA group has not issued any immediate comment.
Alongside Ambani, the CBI has also chargesheeted former Yes Bank CEO Rana Kapoor, his wife Bindu Kapoor, daughters Radha Kapoor and Roshni Kapoor, as well as RCFL, RHFL (now Authum Investment and Infrastructure Ltd), and several linked entities including RAB Enterprises Pvt Ltd, Imagine Estate Pvt Ltd, Bliss House Pvt Ltd, Imagine Habitat Pvt Ltd, Imagine Residence Pvt Ltd, and Morgan Credits Pvt Ltd.
The federal agency has invoked provisions of the Prevention of Corruption Act and relevant sections of the Indian Penal Code (IPC) against the accused.
The case forms part of a wider probe into alleged quid pro quo arrangements between the Anil Ambani-led firms and the Rana Kapoor family’s entities, which investigators allege facilitated loans and investments that ultimately led to massive losses for Yes Bank.
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