CBI Questions Anil Ambani’s Son Jai Anmol in ₹228 Crore Bank Fraud Case

New Delhi, March 2026 : The Central Bureau of Investigation (CBI) on Friday interrogated Jai Anmol Ambani in connection with the alleged ₹228 crore bank fraud case involving Reliance Home Finance Limited (RHFL).

Jai Anmol Ambani, who has been named as an accused in the case, was questioned by the investigating officer for nearly six-and-a-half hours at the CBI headquarters in the national capital. Officials said the questioning was part of an ongoing probe into alleged financial irregularities and fraudulent transactions involving the company.

Investigators have asked him to appear again before the agency on Saturday for further examination as the inquiry continues.

Case Registered in 2025

The CBI registered the criminal case on December 6, 2025, naming Reliance Home Finance Ltd., Jai Anmol Ambani, and Ravindra Sudhalkar among the accused. The case also includes unknown persons and unidentified public servants.

The investigation was initiated following a complaint filed by Union Bank of India, which alleged criminal conspiracy, cheating, and misconduct that resulted in a financial loss of ₹228.06 crore to the bank.

The complaint relates to loans granted to Reliance Home Finance Ltd., which is part of the Reliance Anil Dhirubhai Ambani Group promoted by Anil Ambani.

Loan Exposure and NPA Status

According to the complaint, Reliance Home Finance Ltd. had borrowed a total of ₹5,572.35 crore from 18 banks, financial institutions, non-banking financial companies (NBFCs), and corporate entities, including Union Bank of India.

Officials said the account of the company was declared a non-performing asset (NPA) on September 30, 2019. Later, on October 10, 2024, Union Bank of India classified the account as a fraud following internal reviews.

The CBI is now examining whether the accused company and its officials misled lenders and diverted funds, thereby causing wrongful losses to banks and financial institutions.

Searches Conducted in Mumbai

As part of the investigation, the CBI had earlier carried out searches at multiple locations in Mumbai after obtaining search warrants from the Special Judge for CBI cases.

The raids were conducted on December 9, 2025, at two official premises of Reliance Home Finance Ltd., as well as at the residential premises of Jai Anmol Ambani and Ravindra Sudhalkar, who served as the former CEO and whole-time director of the company.

Officials said several documents and materials believed to be linked to the alleged fraud were recovered during the searches.

Ongoing Investigation

The CBI said the investigation is continuing to determine the full extent of the alleged fraud and whether any additional individuals, including bank officials, were involved.

Authorities are examining financial records, loan transactions, and internal company communications as part of the probe.

Officials added that further questioning and forensic examination of documents will help establish whether there was any deliberate attempt to defraud banks and financial institutions involved in the lending arrangements.

(The content of this article is sourced from a news agency and has not been edited by the Mavericknews30 team.)