Anil Ambani denies 'any wrongdoing' after CBI lodges FIR over Rs 2,684-Cr LIC investment 'fraud'
India, Sept. 18 -- Reliance Group chairman Anil Ambani on Friday denied any wrongdoing after the CBI registered a case against Reliance Capital Limited (RCAP), its former chairman, former group managing director Satish Seth, unidentified public servants and others in connection with an alleged Rs 2,684.57-crore fraud involving investments made by the Life Insurance Corporation of India (LIC).
A spokesperson for Ambani, in a statement, said, "The FIR registered by the CBI pertains to Reliance Capital Limited. Ambani served as a Non-Executive Director/Chairman of the Board of Reliance Capital Limited from 2005 until November 2021, when the Reserve Bank of India superseded the Board of Directors of the company and appointed an Administrator...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.