By Admin 
CBI Files Chargesheet Against anil Ambani: In the bank fraud case of about 2.8 thousand crore rupees, the legal grip of the central investigative agencies has intensified. The CBI on Thursday filed a charge sheet in Mumbai’s special court against several companies including Anil Dhirubhai Ambani, Yes Bank co-founder Rana Kapoor, his wife Bindu Kapoor and daughters Radha and Roshni.
It is alleged from the CBI that despite the warning of credit agencies, the companies of Anil Ambani Group were invested on a large scale and the Yes Bank was damaged. Earlier, the CBI has also investigated against DHFL promoters Kapil Wadhavan and Dheeraj Wadhawan in the Yes Bank Loan Fraud case. This case is now going on in court under Criminal Conspiracy and Banking Fraud.
Increased screws of central agencies
The CBI had registered the case in 2022, with the main allegations that in 2017, on the instructions of Rana Kapoor, Yes Bank invested extensively in ADA group companies RCFL and RHFL, while credit rating agencies warned of their financial performance. It is alleged that these investments were later used to withdraw the benefits of “multi-layer” money, in which the bank lost crores of rupees.
The charge sheet has been approved in a special court in Mumbai. At present, no discharge petition of any accused in this case has been heard, because the charge sheet has been served. The court process is now in the beginning stage, which will include evidence of allegations, investigation of documents and reaction by the accused side. The next court date has not been declared publicly, but there are possibilities that the court will soon carry forward the hearing of the case.
What is the charge in the charge sheet?
It is alleged that Yes Bank suffered heavy losses due to collusion between Rana Kapoor and Anil Ambani Group companies. Despite the warning of credit agencies, invested in RCFL (Reliance Commercial Finance Ltd.) and RHFL (Reliance Home Finance Ltd.). The investment amount was allegedly diverted and used by diverting through “Multi-Layred Transactions”. Accused of deliberately bypassing rules in loan approval and investment decisions.
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