NEW DELHI: CBI has filed an FIR towards Jai Anmol Anil Ambani, son of businessman Anil Ambani, in an alleged financial institution fraud case linked to Reliance Housing Finance Restricted (RHFL) & carried out searches at his residence on Tuesday, reviews Rajshekhar Jha.The criticism alleges dishonest, felony conspiracy and felony misconduct that led to a wrongful lack of Rs 228 crore to Union Financial institution of India (e-Andhra financial institution). CBI mentioned the account was declared a non performing asset (NPA) on Sept 30, 2019 and as ‘fraud’ on Oct 10, 2024, by Union Financial institution of India. “A number of incriminating paperwork have been noticed and are being taken into possession,” a CBI spokesperson mentioned.“RHFL was availing loans to the tune of Rs 5,572 crores from 18 banks, monetary establishments and NBFCs. A radical probe will likely be carried out into the allegations of defrauding all of the banks/FIs, and so forth by the accused firm,” it mentioned. Searches had been carried out at RHFL workplaces and on the house of ex-CEO and director Ravindra Sudhalka on Dec 9.CBI has filed a second FIR towards RCFL, a agency of Reliance ADA group, its promoters, administrators and a few financial institution officers, primarily based on a criticism of Financial institution of Maharashtra on allegations of felony conspiracy, dishonest and felony misconduct & inflicting wrongful lack of Rs 57.4 crore to the financial institution.