Key facts
- The Enforcement Directorate (ED) has filed a charge sheet in a bank fraud and money laundering case.
The Enforcement Directorate has filed a charge sheet against 55 individuals, including former Reliance executives Amitabh Jhunjhunwala and Amit Bapna, in a bank fraud and money laundering case involving Reliance Home Finance Limited and Reliance Commercial Finance Limited. The accused were arrested in April 2026.
This development signifies a significant legal step in a major financial fraud investigation, potentially impacting the reputation and financial standing of the involved entities and individuals.
The Enforcement Directorate (ED) has filed a charge sheet, known as a Prosecution Complaint, against 55 individuals in connection with an alleged bank fraud and money laundering case involving Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL). Among the accused are former senior executives of Reliance (ADAG) group companies, Amitabh Jhunjhunwala and Amit Bapna, who were arrested in April 2026.
The charge sheet is slated for presentation before the concerned judge on July 1. Special Judge Hasan Anzar had previously remanded Jhunjhunwala and Bapna to judicial custody following interrogation by the ED. Advocates Vijay Agarwal and Sowjanya Sankaran represented Amit Bapna and Amitabh Jhunjhunwala, respectively, opposing the plea for custodial interrogation.