IndiaPosted at: Nov 18 2025 2:26AM


SC to hear PIL seeking court-monitored probe into alleged Rs 20,000 crore banking fraud involving Reliance Communications and Anil Ambani

New Delhi, Nov 17 (UNI) The Supreme Court Monday agreed to urgently list a public interest litigation seeking a court-monitored investigation into what has been described as one of the country’s largest banking frauds, allegedly involving Reliance Communications Ltd., its group entities, and their promoter Anil Ambani.
The PIL, filed under Article 32 by former union Secretary E A S Sarma, alleges massive diversion of bank funds, forgery, fabrication of accounts, use of shell companies and coordinated financial misconduct across the Anil Dhirubhai Ambani Group (ADAG).
Appearing for the petitioner, Advocate Prashant Bhushan mentioned the matter before Chief Justice of India B.R. Gavai and sought urgent hearing, submitting that the alleged fraud amounts to nearly Rs 20,000 crore and requires an independent, court-monitored probe.
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