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CBI registers 2 criminal cases against ADA group, names Anil Ambani’s son Jai Anmol in Rs 228-crore fraud case filed by Union Bank
- On December 6, 2025, the CBI registered two criminal cases against Reliance ADA Group companies, naming Jai Anmol Ambani in one FIR and Reliance Commercial Finance Ltd in the other.
- Union Bank's complaint alleges RHFL caused a wrongful loss of Rs 228.06 crore and the RHFL account was earlier classified as an NPA on September 30, 2019 and recorded as fraud on October 10, 2024.
- Search teams in Mumbai and Pune executed warrants at two official premises of Reliance Home Finance Ltd, Jai Anmol Anil Ambani's and Ravindra Sharad Sudhalkar's residences, seizing incriminating documents.
- The ED has attached assets worth Rs 1,120 crore and total attachments cross Rs 10,000 crore, while RCFL's borrowing of Rs 9,280 crore from 31 banks raises creditor stakes.
- A Grant Thornton forensic review covering April 1, 2016 to June 30, 2019 found mis‑apportionment of funds, and Reliance Commercial Finance Ltd's loan was declared an NPA on March 25, 2020 and fraud on October 4, 2025.
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CBI registers 2 criminal cases against ADA group, names Anil Ambani’s son Jai Anmol in Rs 228-crore fraud case filed by Union Bank
While the first case was against Jai Anmol Ambani and Reliance Home Finance Limited, along with the company's promoters, directors and bank officials, the second case was registered against Reliance Commercial Finance Limited and related individuals.
·India
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CBI Files Case Against Anil Ambani's Son Jai Anmol In Rs 228 Crore Bank Fraud
The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank, officials said.
·New Delhi, India
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India TV NewsReposted by 
rediff.com
rediff.comCBI books Anil Ambani's son Jai Anmol, Reliance Home Finance Ltd. over alleged Rs 228 crore bank fraud case
The CBI acted on a complaint from the bank (erstwhile Andhra Bank) against Reliance Home Finance Ltd., Jai Anmol Anil Ambani and Ravindra Sharad Sudhakar, both directors in RHFL.
·India
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Coverage Details
Total News Sources14
Leaning Left2Leaning Right4Center0Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
Factuality
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