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ED Arrests Former ADAG Executives in Alleged RHFL and RCFL Fund Diversion Case
Mumbai: The Enforcement Directorate (ED) has taken into custody Amitabh Jhunjhunwala and Amit Bapna, both former senior officials of the Anil Dhirubhai Ambani Group (ADAG), in connection with an alleged money laundering investigation involving the diversion of funds from Reliance Home Finance Ltd (RHFL) and Reliance Commercial Finance Ltd (RCFL), according to individuals familiar with the matter. The Reliance ADAG group clarified that Jhunjhunwala is no longer associated with
Apr 163 min read
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