New Delhi, March 13 The CBI questioned Anil Ambani's son, Jai Anmol Ambani, for nearly six and a half hours on Friday in connection with a Rs 228-crore fraud case involving the Union Bank of India, officials said.
Jai Anmol, the former director of Reliance Home Finance Limited (RHFL), has been summoned again on Saturday for questioning, they said.
The agency questioned him at its headquarters here in connection with an alleged bank fraud case in which he was booked along with RHFL's former CEO and ex-whole-time director, Ravindra Sudhakar, among others, they said.
No immediate reaction was available from the company.
"The CBI summoned Jai Anmol, son of Anil Ambani, for interrogation today at the CBI headquarters in Delhi. The accused, Jai Anmol, appeared before the investigating officer today and was examined for about 6.5 hours," a CBI spokesperson said in a statement on Friday.
"For further examination, the accused has been directed to appear before the investigating officer tomorrow as well," she said.
On December 9, 2025, the agency conducted searches at Jai Anmol's residence after registering an FIR against him and others.
The CBI had acted on a complaint from the Union Bank of India (formerly Andhra Bank) alleging that the company had not repaid the credit availed from the bank, which turned the account into a non-performing asset (NPA) in 2019.
The CBI registered a criminal case against RHFL—a Reliance ADA Group company—its promoters/directors, and unknown bank officials, on the basis of a complaint by Union Bank of India, alleging criminal conspiracy, cheating, and criminal misconduct, thereby causing wrongful loss of Rs 228.06 crore to the bank, the spokesperson said.
"The account of Reliance Home Finance Ltd. was declared NPA on September 30, 2019, and as fraudulent on October 10, 2024, by the Union Bank of India," she said.
RHFL had availed loans amounting to Rs 5,572.35 crore from 18 banks, financial institutions, non-banking financial companies (NBFCs), and corporate bodies, including Union Bank of India, the spokesperson said.
"A thorough investigation is being conducted into the allegations of defrauding all the banks/FIs (financial institutions), etc., by the accused company," she said.
The spokesperson added that the CBI had obtained search warrants from the court of the special judge for CBI, Mumbai, and conducted searches at two premises of RFHL and the residential premises of Jai Anmol and Sudhakar in Mumbai.