CBI has filed Chargeteet against Anil Ambani, former CEO of Yes Bank Rana Kapoor, also accused

Mumbai, September 18 (IANS). The Central Bureau of Investigation (CBI) plagued Anil Ambani Group businesses on Thursday. The Central Investigation Agency has filed a charge sheet in two cases related to fraudulent transactions between Anil Ambani group companies and the Yes bank in the Special Court of Mumbai. According to the CBI, while Anil Ambani Group businesses are included in this case, Reliance Commercial Finance Limited (RCFL) and Reliance Home Finance Limited (RHFL), on the other hand, are businesses of Yes Bank and Rana Kapoor, Woman Bindu Kapoor and Roshni Kapoor were accused. Rana Kapoor was the managing director and CEO of Yes Bank at the time. Anil Ambani was the chairman of the Ada group. He was also the director of Reliance Capital Limited, the holding company of RCFL and RHFL. Explain that in 2022 two criminal cases were registered against the then managing director and CEO of Yes Bank and RCFL, RHFL and others on the complaint of the YES Bank’s main vigilance officer. Investigations revealed that despite the impregnation of the financial enterprises of the ADA group and the negative assessment of the market, it was invested by the care appraisals, despite the approval of Rana Kapoor, with the approval of Rana Kapoor, YES Bank in 2017 invested about Rs 2045 Crore in RCFL’s non-converable and commercial Loans and RS 2965 Crore and Commercial Loans and Rs 2965 Crore in non-convertible bent and commercial loans and Rs 2965 crore in non-convertible-dewent and commercially RHFL and RHFL. This investment made by Yes Bank in RCFL and RHFL was later removed from different levels, and the systematic abuse of government fees on government detection. The investigation revealed that a conspiracy between Rana Kapoor and Anil Ambani, in which Rana Kapoor abused his post and placed the heavy government fund of Yes Bank Limited in ADA group companies, which struggled with financial crisis, while the ADA group took revenge by providing Rana Kapoor’s family. In return, the then chairman of the Ada group Anil Ambani provided credit facility to RCFL and RHFL at concession tariffs to Rana Kapoor’s family losses. These businesses are named after Bindu Kapoor (woman), Radha Kapoor and Roshni Kapoor (girls). This fraud suffered a great loss of Rs 2796.77 crore from Yes Bank and illegal benefits for other companies of RCFL, RHFL and Ada Group and family members of Rana Kapoor. On the instructions of Anil Ambani, Reliance Nippon Mutual Fund (another subsidiary of Reliance Capital Limited) invested Rs 1160 in the non-conceptible debenture of Rana Kapoor’s family in 2017-18, another company of Rana Kapoor’s family, Credits Private Limited. Reliance Nippon Mutual Fund also bought debentures worth Rs 249.80 crore from Ada Group from Yes Bank. In addition, Reliance Nippon Mutual Fund Rs 1750 crore invested in Yes Bank’s unsecured date tool (AT1 context). These high risk, high yields had no definitive expiry date and in the case of crisis, it could be converted into fairness or can also be completely eliminated. Investigation revealed that Rana Kapoor, Anil Ambani, Bindu Kapoor, Radha Kapoor, Roshni Kapoor, RCFL, RHFL (now Autham Investment and Infrastructure Limited), Rab Enterprises Private Limited, Imagine Estate Private Limited, Blois House Private Limited, Habitat Private Limited, Habitat Private Limited, Habitat Private Limited, Habitat Private Limited Creditse Private Limited under the PC action. The CBI filed a charge sheet against it all. -Ians DKP/