SC notice to Central Government, ED-CBI and Anil Ambani: Question on investigation in RCom fraud case, sought status report from agencies in 3 weeks.

The PIL was filed by former Union Secretary EAS Sarma and was heard by a bench of Chief Justice BR Gavai and Justice K Vinod Chandran.

Supreme Court has issued notice to Central Government, CBI, ED, Anil Ambani and many others. The SC had received a writ petition (PIL) seeking a Supreme Court-monitored investigation into allegations of banking and corporate fraud against Reliance Communications (RCOM), other Anil Dhirubhai Ambani (ADA) group companies and promoter Anil Ambani.

Hearing the same, the court has issued this notice on Tuesday (November 18). The PIL was filed by former Union Secretary EAS Sarma, which was heard by a bench of Chief Justice BR Gavai and Justice K Vinod Chandran and asked everyone to file their reply in three weeks.

3 big things about the petition

1. Petitioner’s lawyer Prashant Bhushan said that CBI and ED are not even investigating the collusion of bankers and their officers, whereas the scam is very big. He has demanded from the court to order CBI and ED to file the status report of the ongoing investigation against the bank and its officers.
2. Many companies of Anil Ambani’s Reliance ADA Group together systematically misappropriated the money of common people and also created fake balance sheets. All this continued with the connivance of banks and their officials.
3. CBI had filed FIR on 21 August. The action that ED is taking against Anil Ambani is only a small part of the scam. Very serious irregularities have been detected in the forensic audit. All frauds and diversion of money have already been accepted by the Bombay High Court in one of its decisions.

On July 24, ED had raided more than 35 locations and about 50 companies associated with Anil Ambani’s Reliance Group. After this, on August 23, CBI also raided Anil Ambani’s house.

CBI had registered a case against Anil Ambani in August.

On August 23 this year, CBI had registered a case against Anil Ambani’s company Reliance Communications (RCOM) in a bank fraud case of Rs 2,929 crore. CBI had also raided the office of Reliance Communication Limited and Anil Ambani’s house in Mumbai on Saturday (23 August). This fraud is related to State Bank of India (SBI).

Anil Ambani’s companies accused of misuse of loan

A few days before this, State Bank of India had declared Anil Ambani’s company Reliance Communications and Anil Ambani himself as ‘fraud’. SBI’s argument was that RCom misused loans worth Rs 31,580 crore taken from several banks.

Out of this, about Rs 13,667 crore was spent in repaying loans of other companies. Transferred Rs 12,692 crore to other companies of Reliance Group. Apart from this, personal insolvency proceedings against Anil Ambani are also going on in the National Company Law Tribunal (NCLT) Mumbai.

Also see what action has been taken against Anil Ambani in the loan fraud case till August 2025…

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Also read these news related to Anil Ambani’s Reliance Group…

1. Anil Ambani did not appear for the second time in Hawala case: requested to give online statement; Hawala case worth ₹100 crore

2. ED summons Anil Ambani in bank-loan fraud case: Called for questioning on November 14, property worth ₹7500 crore seized

3. Another case against Anil Ambani: ED registers case on CBI complaint, alleges ₹2,929 crore loan fraud from SBI

4. Anil Ambani’s Bank of Baroda also declared a fraud: Third action after SBI and Bank of India; Claim- ₹1656 crore outstanding on RCOM

5. CBI files charge sheet against Anil Ambani: Former Yes Bank CEO Rana Kapoor also accused; Allegation of fraud of ₹2,796 crore

6. Anil Ambani’s Bank of India account declared fraud: Reliance Communications accused of misuse of ₹ 700 crore, got FD of half the money

There is more news…