CBI Files Fresh FIR Against Anil Ambani and RCom After Bombay High Court Vacates Stay

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The Central Bureau of Investigation (CBI) conducted a large search at the Reliance Communications (RComm) offices on February 26, 2026. They also searched the home of the former chairman, Anil Ambani. This action is part of a new fraud case involving Rs. 2,220 crores. The Bank of Baroda claims it lost this money owing to illegal actions. Investigators believe the company moved loan money into fake businesses instead of using it for its telecom work.

CBI Seizes Decades of Secrets at RComm Offices


CBI officers visited the ‘Dhirubhai Ambani Knowledge City’ in Navi Mumbai. They took important documents from board meetings that go back to the year 2010. These papers might show who gave the orders to move the bank's money. The agency wants to find out if there was a secret plan to cheat the bank. They believe the money was sent to other companies that were secretly linked to RComm.
"The allegations in the FIR are that Bank of Baroda has suffered a loss of more than Rs. 2,220 crore due to the loans availed by M/s Reliance Communication which were allegedly diverted and mis-utilized by creating fictitious transactions with related parties," a CBI spokesperson stated as reported by the Press Information Bureau (PIB).

What Happens to RComm Creditors After the CBI Investigation?


Many people want to know how this will change the plan to pay back the company's debts. RComm says its daily work will continue as usual. However, the CBI's discovery could change who gets paid first. If the investigation proves the money was stolen, the group of banks in charge might have to change their plans. This creates a difficult situation for everyone involved in the case.

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The government has already blocked assets worth over Rs. 15,700 crores. This includes Anil Ambani’s large home in Mumbai. If the government keeps these properties as ‘crime money,’ there will be less left for others. This is bad news for smaller businesses and vendors who are still owed money from 2019.

This case shows that India is getting tougher on big companies that do not pay back loans. By opening new cases for each bank, the government is making it harder for people to hide from the law. In the future, more people who served on the company's board may be questioned. This is a necessary step to make the Indian banking system safer for everyone.