ED custody for ex Reliance ADAG executives in ₹11,500cr probe
NewsBytes | April 17, 2026 12:39 AM CST
Part of ₹40,000cr banking scam
The ED says the two diverted loans from Reliance Home Finance and Reliance Commercial Finance using fake companies to cover their tracks and benefit insiders.
This case is just one piece of a larger banking scam being investigated, with irregularities totaling nearly ₹40,000 crore.
The court wants them back on April 21 as investigators dig deeper into who else might be involved.
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