CBI Questions Anil Ambani’s Son Jai Anmol in Rs 228 Crore Bank Fraud Case

PTI, March 13, 2026, New Delhi: The CBI on Friday questioned Anil Ambani’s son, Jai Anmol Ambani, for nearly six-and-a-half hours in connection with 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 further questioning, the agency added.

The CBI questioned him at its headquarters in Delhi 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. 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 added.

On December 9, 2025, the agency conducted searches at Jai Anmol’s residence after registering an FIR against him and others. The CBI had acted on a complaint from Union Bank of India (erstwhile Andhra Bank), alleging that RHFL 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, its promoters/directors, and unknown bank officials on allegations of criminal conspiracy, cheating, and criminal misconduct, causing wrongful loss of Rs 228.06 crore to the bank.

“The account of Reliance Home Finance Ltd. was declared NPA on September 30, 2019, and as fraud on October 10, 2024, by Union Bank of India,” the spokesperson said.

RHFL had availed loans totalling Rs 5,572.35 crore from 18 banks, financial institutions, NBFCs, and corporate bodies, including Union Bank of India.

“A thorough investigation is being conducted into the allegations of defrauding all the banks and financial institutions by the accused company,” the spokesperson added.

The CBI obtained search warrants from the Court of Special Judge for CBI, Mumbai, and conducted searches at two official premises of RHFL and the residential premises of Jai Anmol and Sudhakar in Mumbai.