SC to hear PIL for court-monitored probe into alleged banking fraud involving Reliance Communications
The Supreme Court on Monday agreed to hear a PIL seeking a court-monitored probe of alleged massive banking and corporate fraud involving Reliance Communications (RCOM), its group companies and their promoter Anil Ambani.
The plea was mentioned for urgent listing before a bench comprising Chief Justice B R Gavai and Justices K Vinod Chandran and NV Anjaria by lawyer Prashant Bhushan.
“There is bank fraud worth ₹20,000 crore. We are seeking an independent court-monitored probe. This is about a large corporate group,” the lawyer said.
