India


CBI conducts searches in Reliance ADA Group case across three cities

New Delhi, May 14 (UNI) The Central Bureau of Investigation (CBI) on Thursday conducted searches at seven locations in Mumbai, Gurugram, and Bengaluru in connection with a case registered against Reliance Communications Ltd., one of the Reliance ADA Group companies.
The searches were carried out at the residential premises of the then CEO, CFO, and Directors of the company who served during the 2015–2017 period.
The action was conducted on the basis of search warrants dated May 14, 2026, issued by the Special Judge for CBI Cases, Mumbai. During the searches, the agency seized incriminating documents, and further investigation is underway.
The CBI had earlier registered seven cases against the Anil Ambani-led Reliance Group based on complaints filed by various public sector banks and LIC in connection with alleged frauds involving thousands of crores of rupees. The total alleged loss in these cases stands at Rs. 27,337 crore.
In the past few months, the agency had also conducted searches at 31 locations after registering these cases. Two senior executives of Reliance Communications — D. Vishwanath, Joint President, who was overall in-charge of the Group’s banking operations, and Anil Kalya, Vice President, who allegedly assisted in managing banking operations and utilisation of funds — were arrested on April 20, 2026. Both are currently in judicial custody.
The investigation into the cases related to the Anil Ambani-led Reliance Group is being monitored by the Supreme Court of India.
UNI ATK AKU

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