CBI books Anil Ambani, Reliance Capital over alleged Rs 2,684-crore LIC fraud
- The CBI on Friday registered a case against Reliance Capital, Anil Ambani and others over an alleged Rs 2,684.57-crore LIC fraud.
- LIC alleged it invested Rs 3,900 crore in five non-convertible debentures between April 2012 and March 2018.
- LIC accused the group of misrepresentation, fraudulent fund diversion and falsification of accounts.
- Ambani's spokesperson denied wrongdoing, noting he chaired the board until RBI superseded it in November 2021.
Source: ndtv.com
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