Praja Hakku

PRAJA HAKKU

The Journalism of Outrage

Investigate

CBI’s second supplementary names Reliance ADA Group MD Amitabh Jhunjhunwala; alleged SBI loss ₹971.25 crore on a ₹1,200 crore term loan.

CBI’s second supplementary names Reliance ADA Group MD Amitabh Jhunjhunwala; alleged SBI loss ₹971.25 crore on a ₹1,200 crore term loan.

The Central Bureau of Investigation on Friday, 21 August 2026, filed a second supplementary chargesheet before the Special Judge for Central Bureau of Investigation Cases in Mumbai against Amitabh Jhunjhunwala, Group Managing Director of the Reliance Anil Dhirubhai Ambani Group. The offences alleged are criminal conspiracy, criminal misappropriation and cheating. A chargesheet is prosecution paper. It is not a conviction.

On the agency’s statement, Jhunjhunwala acted in conspiracy to dishonestly or fraudulently avail a ₹1,200 crore term loan for Reliance Communications Limited and Reliance Infratel Limited. The loans were not repaid. Alleged wrongful loss to the State Bank of India is about ₹971.25 crore. The case rests on a State Bank of India complaint. The first information report cites total exposure of Indian public-sector banks and financial institutions at ₹19,694.33 crore. ₹1,200 crore is the term-loan figure on the agency line. ₹971.25 crore is the alleged State Bank of India loss. ₹19,694.33 crore is the wider public-sector exposure cited in the first information report. This desk will not invent a recovery column, a personal-guarantee schedule, or an interest-accrual total the tip does not lock.

The first chargesheet, on 29 May 2026, named sixteen accused — Reliance Communications, five senior executives and ten bank officials. A later supplementary named Netizen Engineering Private Limited and directors Anil Jamna Kalya and Tunu Sahu. With Jhunjhunwala, twenty accused stand charge-sheeted. Twenty is a chargesheet count. It is not a trial verdict. Adding a Group Managing Director to the accused list widens the corporate map of the same loan trail; it does not, by itself, prove the conspiracy the agency alleges.

The Central Bureau of Investigation says further investigation is ongoing. Eight first information reports against Reliance Communications, Reliance Home Finance, Reliance Commercial Finance and Reliance Telecom rest on complaints from public-sector banks, the Life Insurance Corporation and the Employees’ Provident Fund Organisation. Seven accused have been arrested in Anil Dhirubhai Ambani Group cases; all are in judicial custody. The Supreme Court is monitoring, on the agency’s statement. Monitoring by the Supreme Court is case-management supervision. It is not a finding of guilt on this supplementary paper.

Mumbai’s special court is the filing geography. The State Bank of India is the complainant on this loan leg. Form B and any poll date are not notified on this file. This desk will not invent a remand date for Jhunjhunwala that the tip does not record, and it will not collapse the eight first information reports into one unaudited fraud total beyond the exposure figure already cited.

Until a court writes, the public ledger is a second supplementary chargesheet naming Jhunjhunwala, an alleged ₹1,200 crore term loan for Reliance Communications and Reliance Infratel, alleged State Bank of India loss of about ₹971.25 crore, public-sector exposure cited at ₹19,694.33 crore, twenty accused charge-sheeted across the first and supplementary papers, eight first information reports on the wider group trail, and seven accused in judicial custody under Supreme Court monitoring as stated by the agency. These remain Central Bureau of Investigation allegations in a chargesheet. They are not a conviction.