Court allows CBI to arrest ex-RCom chief Jhunjhunwala in multi-crore loan diversion case

A special court in Mumbai on Monday granted the Central Bureau of Investigation (CBI) permission to arrest Amitabh Jhunjhunwala, a former senior executive of the Anil Ambani-led Reliance Group, in connection with an alleged bank loan fraud case.

Jhunjhunwala was produced before Special CBI Judge J.P. Darekar on a production warrant from New Delhi’s Tihar Central Jail, where he is currently under judicial custody in a related money laundering case being investigated by the Enforcement Directorate (ED).

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