India, Sept. 18 -- The Central Bureau of Investigation has filed a common charge sheet against industrialist Anil Ambani and Yes Bank's former CEO Rana Kapoor in a fraud case, according to a Hindustan Times report.

CBI has found evidence of alleged fraudulent transactions between Ambani Group companies and Yes Bank during the time Rana Kapoor was MD/CEO, which indicate collusion to misuse bank funds and cause financial loss.

The alleged wrongdoing involves intertwined transactions between Anil Dhirubhai Ambani Group entities and Yes Bank during Kapoor's leadership, including reciprocal flows and mutual benefit, the conduct of both is alleged to be part of the same criminal/conspiracy scheme.

The chargesheet thus names both Ambani and R...