CBI Files EPFO Fraud Case On Reliance Capital
Reliance Capital fraud case
Covered by 4 sources
- Business Today IN·2h agoCBI books Anil Ambani, Reliance Capital in ₹1,816 crore EPFO case. Here's what happened
The case originates from a complaint filed by the Union Ministry of Labour and Employment on July 21, alleging offences of cheating, criminal conspiracy and causing wrongful loss to the EPFO
Read at Business Today IN → - Times of India Top·7h agoCBI files EPFO cheating case against Anil Ambani
The CBI has filed a cheating case against Reliance Capital and Anil Ambani. This action stems from an alleged Rs 1,816 crore loss to the Employees’ Provident Fund Organisation. EPFO invested Rs 2,500 crore in Reliance Capital’s debentures which later defaulted. While the issue…
Read at Times of India Top → - Deccan Chronicle Ent·9h agoCBI Files EPFO Fraud Case On Reliance Capital
The FIR was registered on Friday on the basis of a complaint by the EPFO, which alleged a wrongful loss of ₹1,007.55 crore and an interest liability of ₹808.67 crore.
Read at Deccan Chronicle Ent → - Business Standard·16h agoCBI books Anil Ambani, Reliance Capital over ₹1,816 crore EPFO loss
Ambani, however, denied any wrongdoing, according to a statement issued by his spokesperson
Read at Business Standard →
