Supreme Court criticizes ED and CBI in ADAG fraud case
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- involving Anil Dhirubhai
- ₹40,000 cr bank loan fraud
The Supreme Court criticized the Enforcement Directorate and CBI for their slow investigation into the alleged ₹40,000 cr bank loan fraud involving Anil Dhirubhai Ambani Group. The Court highlighted the need for separate FIRs for each complaint from banks, emphasizing procedural compliance. This scrutiny may impact market sentiment towards ADAG companies.
Not investment advice. For informational purposes only.