CBI questions Anil Ambani’s son Jai Anmol in Rs 228 crore bank fraud case
Jai Anmol, the former director of Reliance Home Finance Limited, has been called again on Saturday for questioning
The CBI on Friday questioned Anil Ambani’s son Jai Anmol Ambani for nearly six-and-a-half hours in a Rs 228 crore Union Bank of India fraud case, officials said.
Jai Anmol, the former director of Reliance Home Finance Limited (RHFL), has been called again on Saturday for questioning, they said.
The agency questioned him at its headquarters here in connection with an alleged bank fraud case in which he was booked along with RHFL’s former CEO and ex-whole-time director Ravindra Sudhakar, among others, they said.
No immediate reaction was available from the company.
“The CBI summoned Jai Anmol Anil Ambani for interrogation today at CBI head office at Delhi. The accused Jai Anmol Anil Ambani appeared before the investigating officer today and was examined for about 6.5 hours,” a CBI spokesperson said in a statement on Friday.
“For further examination, the accused has been directed to appear before the investigating officer tomorrow as well,” she said.
On December 9, 2025, the agency conducted searches at the residence of Jai Anmol after registering an FIR against him and others.
The CBI had acted on a complaint from the Union Bank of India (erstwhile Andhra Bank) alleging that the company did not repay the credit availed from the bank, which turned the account into a non-performing asset (NPA) in 2019.
The CBI registered a criminal case against RHFL—a Reliance ADA Group company -- its promoters/directors and unknown bank officials, on the basis of a complaint of Union Bank of India on allegations of criminal conspiracy, cheating and criminal misconduct and thereby causing wrongful loss of Rs 228.06 crores to the bank, the spokesperson said.
“The account of Reliance Home Finance Ltd. was declared NPA on September 30, 2019 and as fraud on October 10, 2024 by the Union Bank of India...,” she said.
RHFL had availed loans to the tune of Rs 5,572.35 crore from 18 banks, financial institutions, non-banking financial companies (NBFCs) and corporate bodies, including Union Bank of India, the spokesperson said.
“A thorough investigation is being conducted into the allegations of defrauding all the banks/FIs (financial institutions), etc. by the accused company,” she said.
The spokesperson added that the CBI had obtained search warrants from the court of special judge for CBI, Mumbai and conducted searches at two official premises of RFHL and residential premises of Jai Anmol and Sudhalkar in Mumbai.
