New Delhi, March 21 (NationPress) The Central Bureau of Investigation (CBI) has intensified its inquiry into significant alleged bank frauds associated with the Reliance Anil Dhirubhai Ambani Group (ADA Group), calling in senior executives for thorough interrogations at its headquarters in New Delhi, according to a statement released by the CBI on Saturday.

This development arises amidst ongoing investigations into extensive alleged financial misconduct involving loans from public sector banks, with total losses to banks and financial institutions projected to be around Rs 9,280 crore, which includes approximately Rs 4,097 crore owed to public sector banks.

In the notable case concerning Reliance Communications Limited (RCom), the CBI registered a First Information Report (FIR) on August 21, 2025, following a complaint from the State Bank of India (SBI).

The allegations revolve around a fraud amounting to Rs 2,929.05 crore, implicating RCom, industrialist Anil Ambani, and several others, including unnamed public officials, in a scheme of criminal conspiracy, cheating, and breach of trust.

The investigation claims that the misallocation and misuse of loan funds occurred through complex transactions between 2013-2017, resulting in significant losses to SBI from its overall exposure exceeding Rs 19,000 crore in a bank consortium, as stated by the investigation agency.

On March 21, 2026, two Group Managing Directors from the Reliance ADA Group, Gautam Doshi and Sateesh Seth, appeared before the CBI Investigating Officer and were interrogated for the entire day.

Previously, another Group Managing Director, Amitabh Jhunjhunwala, faced questioning on March 18, 2026.

These summons follow the recent rigorous questioning of Anil Ambani, who was interrogated over two consecutive days (March 19 to 20) for nearly eight hours each day, underscoring the central agency's focus on pivotal decision-makers within the group.

In a separate case concerning Reliance Commercial Finance Limited, the CBI filed an FIR on December 6, 2025, based on a complaint from the Bank of Maharashtra, alleging a fraud of Rs 57.47 crore.

The accused in this case include Reliance Commercial Finance Limited, Devang Pravin Mody, Ravindra Somayajula Rao, and several others, including unnamed public officials.

On Saturday, Sanjay Dangi, an Advisor at Authum Investment and Infrastructure Limited—which has taken over the assets of both Reliance Commercial Finance Limited and Reliance Home Finance Limited (both under investigation)—was examined throughout the day.