CBI books Anil Ambani's RCOM for Rs 2,000 crore bank fraud, searches premises

The CBI searched the residence of Reliance Communication Ltd. (RCOM) Director Anil Ambani in Mumbai on Saturday after recently registering a case for allegedly defrauding the State Bank of India of Rs 2929.05 crore, officials said.

Teams of CBI conducted the searches at two locations in Mumbai on Saturday — the official premises of Reliance Communication Ltd., and residential premises of Anil D Ambani, the agency said in a



statement.

The CBI registered an FIR on Thursday against Reliance Communication Ltd. (RCOM), Mumbai, its Director Anil D. Ambani, unknown public servants and unknown others on the basis of the complaint from the SBI, it said.

The searches took place at Ambani’s residence ‘Sea Wind’ at Cuffe Parade in Mumbai, sources said. Ambani and RCom have been booked for allegedly committing offences of criminal conspiracy, cheating, criminal breach of trust, the CBI has said.