Reliance ADA Group case: CBI names 16 accused in first chargesheet, probe to continue

The Central Bureau of Investigation (CBI) has filed its first chargesheet in one of the cases related to the Reliance ADA Group, naming 16 accused, including Reliance Communications Ltd (Rcom), five senior company executives, and 10 officials of public sector banks.

Filed before a special CBI court in Mumbai, the chargesheet alleges criminal conspiracy, criminal misappropriation, cheating under the Indian Penal Code (IPC) along with criminal misconduct under the Prevention of Corruption Act.