CBI Tightens Grip with Second Chargesheet in RCom Case

CBI files 2nd chargesheet in Reliance Communications case over alleged fund diversion

CBI Tightens Grip with Second Chargesheet in RCom Case

The Central Bureau of Investigation (CBI) has filed a second chargesheet against three individuals, including two directors of Netizen Engineering, in connection with the Reliance Communications Limited case. The chargesheet alleges criminal conspiracy and fund misappropriation, resulting in significant financial damages to public sector banks.

CBI files second chargesheet in Rs 19,694 crore Reliance Communication fraud case

The CBI has filed a second chargesheet in the Reliance Communications case, naming Netizen Engineering and its two directors. It alleges the company was used to divert funds, as the Supreme Court-monitored probe continues across Reliance ADA Group cases.

CBI files fourth chargesheet in Reliance Communications case; names netizen engineering, directors in fund diversion - The Tribune

As per the FIR, the total exposure of public sector banks and financial institutions in the case is Rs19,694.33 crore.

Reliance Communications Loan Fraud Case: CBI Files New Chargesheet

"According to the FIR, the total exposure of public sector banks and financial institutions in the case is Rs 19,694.33 crore,\" the statement said.

CBI Files 2nd Chargesheet In Reliance Communications Loan Fraud Case

The agency had registered the case on the basis of a complaint filed by the State Bank of India (SBI).