SC stresses fair and time-bound investigation in Anil Ambani-led RCom loan fraud New Delhi, March 23 (SocialNews.XYZ) The Supreme Court on Monday stressed the need for a coordinated, fair, and time-bound investigation into alleged large-scale bank frauds linked to Anil Ambani’s Reliance Communications (RCom) and its group entities. A bench, headed by Chief Justice of India (CJI) Surya Kant, observed that investigating agencies such as the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) must "join hands" and work in coordination to unearth the truth in a transparent and independent manner.

SC stresses fair and time-bound investigation in Anil Ambani-led RCom loan fraud #SC #AnilAmbaniledRCom #socialnewsxyz

SC pulls up ED, CBI over delay in Anil Ambani-led RCOM loan fraud probe New Delhi, Feb 4 (SocialNews.XYZ) The Supreme Court on Wednesday expressed serious concern over an “unexplained delay” by the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) in probing alleged large-scale bank loan frauds linked to Reliance Communications Ltd (RCOM), its group companies, and promoter Anil Ambani, involving public funds estimated at Rs 40,000 crore. A Bench headed by Chief Justice of India (CJI) Surya Kant asked the ED to constitute a Special Investigation Team (SIT) of senior officers and directed both Central agencies to take the ongoing investigation to its “logical conclusion” in a time-bound manner.

SC pulls up ED, CBI over delay in Anil Ambani-led RCOM loan fraud probe #SC #EDCBI #AnilAmbaniledRCOM #socialnewsxyz