After SBI, Bank of India tags RCom, Anil Ambani as fraud
NEW DELHI, August 24 (PTI) – After the Indian State Bank, the Indian Bank classified the credit account of the bankrupt trust communication fraudulent and according to a regulatory file, it was claimed in 2016 with the allegation of funding.
State Bank of India LaIn August 2016, 700 Crore loans, ongoing capital and operational expenditures and Reliance Communications for the repayment of existing obligations. According to RCOM’s letter on the stock exchange, half of the amount paid in October 2016 was deposited in a fixed deposit that was not allowed according to the sanction letter.
On August 22, RCOM said that the bank’s credit accounts of the Bank of India on August 8, the company’s credit accounts, Anil Dhirajlal Ambani (Supporting and Pioneer Manager of the Company) and Manjari Ashok KACKER (the company’s dry director), as a fraud “.
Previously, the Indian State Bank (SBI) had done the same thing in June this year and claimed that bank funds were abused by entering transactions that violate the conditions of loans.
Following a complaint made by SBI, the Central Investigation Bureau (CBI) searched buildings under the residence of Reliance Communications and Ambani.
The CBI said that he had made a complaint after claiming that the Indian State Bank was lost. La2,929.05 Crore, allegedly abused by Reliance Communications and Ambani, the youngest brother of Mukesh Ambani, the richest man in Asia.
Anil Ambani’s spokesman said, “He strongly rejected all the allegations and charges” and “he would defend himself in accordance with himself”.
Sözcü, “The complaint opened by the SBI is about the issues extending for more than 10 years. At the relevant time, Ambani was a non -executive director of the company and without joining the daily management.” He said.
He said: “According to his own order, it should be noted that he had already withdrawn the transactions against the other five lawyers. However, Ambani was selected as a selective.”
In the latest file, the Reliance Communications, the subsidiary of the Reliance Telecom Ltd, from Bank of India, the lender of the company’s credit accounts (RTL’s pioneer manager and the current manager of the company) and some other people as a ‘fraud’ decision, he said.
In accordance with the banking laws, when an account is declared fraudulent, it should be directed to the executive organizations for crime procedures and it is forbidden to access new financing from banks and regulated institutions for five years.
Bank of India, the Reliance Communications file in the letter, RCOM on June 30, 2017 NPA’yı extraordinary rotation, he said. La724.78 Crore.
“The bank is following the guarantors to repay the debtors and dues, however, they failed and neglected.”
Reliance Communications, total debt in April La40,400 Crore in March.
Following unpaid loans, the company was accepted for bankruptcy and bankruptcy transactions. RCOM is managed under the supervision of a creditor committee managed by a SBI and supervised by a decision expert.
