New Delhi, Nov. 18 -- The Supreme Court today sought responses from the Central government, the Enforcement Directorate (ED), the Central Bureau of Investigation (CBI), and businessman Anil Ambani on a Public Interest Litigation (PIL) seeking a court-monitored investigation into an alleged large-scale banking fraud involving Reliance Communications (RCOM), its group entities, and Ambani.
The petition, filed by EAS Sarma, former Secretary to the Government of India, alleged systemic diversion of funds, fabrication of accounts, and institutional complicity in one of India's "largest corporate frauds."A Bench comprising Chief Justice of India BR Gavai and Justice Vinod Chandran issued notice and directed the Centre, CBI, ED, and Ambani to fil...