CBI questions Anil Ambani’s son in Rs 228-crore bank fraud case

TThe Central Bureau of Investigation (CBI) on Friday interrogated Jai Anmol Ambani , son of industrialist Anil Ambani, for nearly six and a half hours in connection with a Rs 228-crore Union Bank of India fraud case . Officials said he has been asked to appear again on Saturday for further questioning.

Jai Anmol, the former director of Reliance Home Finance Limited (RHFL) , was examined over allegations linked to a loan default that reportedly turned the bank’s account into a non-performing asset (NPA) in 2019 . He has been named along with RHFL’s former CEO and ex-whole-time director, Ravindra Sudhakar , among others, in the ongoing probe.

A CBI spokesperson said, “The accused Jai Anmol Anil Ambani appeared before the investigating officer today at the CBI headquarters in Delhi and was examined for about 6.5 hours. For further examination, he has been directed to appear again tomorrow.”

Case Background:

The investigation stems from an FIR filed by Union Bank of India (erstwhile Andhra Bank), alleging that RHFL failed to repay loans availed from the bank, resulting in a loss of Rs 228.06 crore . RHFL, part of the Reliance ADA Group , had borrowed a total of Rs 5,572.35 crore from 18 banks, financial institutions, and NBFCs. The CBI alleges that the promoters and directors of RHFL, along with unknown bank officials, engaged in criminal conspiracy, cheating, and misconduct , causing significant financial loss.

The CBI has already conducted searches at Jai Anmol’s residence on December 9, 2025 , as well as at two official RHFL offices and the residential premises of both Jai Anmol and Sudhakar in Mumbai , under warrants from the Special Judge for CBI cases.

The case highlights the regulatory scrutiny on corporate loan defaults in India and demonstrates the CBI’s focus on alleged financial misconduct involving high-profile corporate figures .