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Times of India | CBI searches at 17 sites in cases linked to ADAG
AI generated summary, Read the full article for complete information.
The Central Bureau of Investigation (CBI) carried out coordinated searches at 17 locations in Mumbai on May 10, 2026, targeting the residential premises of directors and offices of intermediary firms linked to Reliance ADA Group companies – Reliance Telecom Ltd., Reliance Commercial Finance Ltd. and Reliance Home Finance Ltd. – following warrants issued by a Mumbai special CBI court. Investigators seized incriminating documents, uncovered that several intermediary firms operated from the same address, and have so far registered seven cases involving alleged bank‑fund diversion and fraud amounting to a total loss of roughly Rs 27,337 crore. Two senior Reliance Communications executives were previously arrested, and the probe is under Supreme Court monitoring.
Read more: https://timesofindia.indiatimes.com/india/cbi-searches-at-17-sites-in-cases-linked-to-adag/articleshow/130984894.cms
#CBI #RelianceADA #AnilAmbani #SupremeCourt #LIC #DVishwanath #AnilKalya
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