CBI registers SBI fraud case against Reliance Telecom ex directors raids premises
The CBI on Thursday conducted searches at the homes of two former directors of Reliance Telecom and the company office after registering an FIR against them in connection with an alleged fraud of ₹114.98 crore in the State Bank of India.
“The CBI has registered a case against M/s. Reliance Telecom Ltd., Sh. Satish Seth (then director), Gautam B. Doshi (then director), unknown public servants and unknown others for offences of conspiracy, cheating under the IPC and criminal misconduct and abuse of official position under the Prevention of Corruption Act, 1988,” a CBI spokesperson said in a statement here.
