Anil Ambani case : CBI registers 4th FIR over alleged Rs 3,750 crore fraud against LIC

The CBI on Wednesday registered a fresh case against industrialist Anil Ambani and Reliance Communications for allegedly causing a loss of Rs 3,750 crore to Life Insurance Corporation of India (LIC) of India, a PTI report said.

As per the report, the CBI has filed a case for alleged offenses of conspiracy, cheating, and misappropriation under the provisions of the Prevention of Corruption Act, on a complaint from LIC, making it the fourth case against the company and Anil Ambani.