New Delhi, Feb. 4 -- The Supreme Court on Wednesday came down heavily on the Enforcement Directorate (ED) for the "unexplained delay" in probing the alleged bank loan fraud involving over Rs 40,000 crore by companies of the Anil Dhirubhai Ambani Group (ADAG).
The court also criticised the CBI for registering only one FIR despite receiving complaints from multiple banks.
A bench comprising Chief Justice of India Surya Kant, Justice Joymalya Bagchi and Justice Vipul M. Pancholi observed that the CBI's approach of expanding the scope of a single FIR, initially registered in 2025 on a complaint by the State Bank of India (SBI), to cover subsequent complaints from other banks "does not appear to be in conformity with procedural law."The court ...