India, Oct. 4 -- The Central Bureau of Investigation (CBI) has filed a chargesheet against Reliance Communications Ltd (RCom) and three senior executives over alleged irregularities that Life Insurance Corporation of India (LIC) says caused it a wrongful loss of Rs.3,750 crore. The chargesheet names Reliance ADA Group - group managing director Amitabh Jhunjhunwala, Reliance Capital Ltd senior vice-president Vishwas Joshi and P Venugopal, then chief investment officer of LIC.

The accused have been charged with criminal conspiracy, cheating and criminal breach of trust under relevant provisions of the Indian Penal Code, as well as offences under the Prevention of Corruption Act, 1988, the agency said in a release on Saturday.

According to...