Court allows CBI to arrest former Reliance ADAG executive Jhunjhunwala in bank fraud case
Key points
- A Mumbai court on Monday (June 1, 2026) allowed the Central Bureau of Investigation (CBI) to arrest Amitabh Jhunjhunwala, a former senior executive at industrialist Anil Ambani-led Reliance Group, in a case related to alleged bank loans misuse.
- Jhunjhunwala was produced before special CBI judge J.P.
- Darekar on a production warrant from New Delhi's Tihar Central Jail, where he was under judicial custody in a related money laundering case being probed by the Enforcement Directorate (ED).
- Following his production, the CBI, represented by Special Public Prosecutor (SPP) A Limosin, filed an application seeking remand and permission to formally arrest the accused.
- Advocates Reeti Upadhyay and Mudit Jain, appearing for Jhunjhunwala, contended that as per the production warrant issued by a Delhi court, the former executive of the Anil Dhirubhai Ambani Group (Reliance ADAG) was required to be produced before the court on June 5. His appearance before the court prior...
Quick Summary
A Mumbai court on Monday (June 1, 2026) allowed the Central Bureau of Investigation (CBI) to arrest Amitabh Jhunjhunwala, a former senior executive at industrialist
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Key Takeaways
- A Mumbai court on Monday (June 1, 2026) allowed the Central Bureau of Investigation (CBI) to arrest Amitabh Jhunjhunwala, a former senior executive at industrialist Anil Ambani-led Reliance Group, in a case related to alleged bank loans misuse.
- Jhunjhunwala was produced before special CBI judge J.P.
- Darekar on a production warrant from New Delhi's Tihar Central Jail, where he was under judicial custody in a related money laundering case being probed by the Enforcement Directorate (ED).
- Following his production, the CBI, represented by Special Public Prosecutor (SPP) A Limosin, filed an application seeking remand and permission to formally arrest the accused.
- Advocates Reeti Upadhyay and Mudit Jain, appearing for Jhunjhunwala, contended that as per the production warrant issued by a Delhi court, the former executive of the Anil Dhirubhai Ambani Group (Reliance ADAG) was required to be produced before the court on June 5.
📌 Source: The Hindu
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