MUMBAI, June 4 -- A special Central Bureau of Investigation (CBI) court on Wednesday remanded former Group Managing Director of the Anil Ambani-led Reliance Communications (RCom) to the agency's custody till June 5 in connection with the alleged Rs.2,929-crore RCom loan fraud case. Special judge Dr JP Darekar passed the order after Jhunjhunwala was produced before the court following his formal arrest by the CBI on Monday. The agency told the court that although it had already filed a charge sheet in the case, further investigation remained open and Jhunjhunwala's custodial interrogation was necessary to unearth the alleged conspiracy, identify the "ultimate beneficiaries" of the allegedly diverted loan amounts and ascertain the role of public servants. The custody order came two days after the same court permitted the CBI to formally arrest Jhunjhunwala following his production from Delhi's Tihar Jail, pursuant to a prisoner transit warrant. Jhunjhunwala was lodged in Tihar jail in connection with a separate money laundering case being probed by the Enforcement Directorate (ED). The CBI had spent several weeks securing his production before the Mumbai court after earlier transit warrants could not be executed owing to logistical constraints and his custody status in the parallel Delhi proceedings. The CBI's case arose from a complaint lodged by the State Bank of India (SBI), the lead lender in an 11-bank consortium that had extended credit facilities to RCom. According to the complaint, the SBI suffered a wrongful loss of Rs.2,929 crore after loan funds were allegedly diverted and misused in violation of sanctioned purposes, while the losses to the consortium were pegged at Rs.6,015 crore....