CBI files fourth chargesheet in Reliance Communications case; names netizen engineering, directors in fund diversion

The Central Bureau of Investigation (CBI) on Friday filed a second chargesheet in the Reliance Communications Limited (RCom) case before a special Mumbai court against three accused persons, including M/s Netizen Engineering Pvt Ltd (formerly M/s Reliance Infocomm Engineering Pvt Ltd) and its two directors Anil Kalya and Tunu Sahu, for offences of criminal conspiracy, criminal misappropriation and cheating.

The second chargesheet is based on the investigation conducted by CBI, which has revealed that M/s Netizen Engineering Pvt Ltd was used by M/s Reliance Communications Limited as a pass-through entity for the wilful diversion of funds, thereby causing wrongful loss to the lending banks and corresponding wrongful gain to the accused persons and related entities.