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CBI files charge sheet against RCom, others in ₹3,750 crore LIC fraud case

CBI files charge sheet against RCom, others in ₹3,750 crore LIC fraud case
Photo credit: The Hindu
The CBI identified the former executives as Amitabh Jhunjhunwala, the group managing director; and Vishwas Joshi, senior vice-president of Reliance Capital Limited. P. Venugopal, the then chief investment officer of LIC, has also been named. File
Photo credit: The Hindu

The CBI identified the former executives as Amitabh Jhunjhunwala, the group managing director; and Vishwas Joshi, senior vice-president of Reliance Capital Limited. P. Venugopal, the then chief investment officer of LIC, has also been named. File | Photo Credit: The Hindu

The Central Bureau of Investigation (CBI) has filed a charge sheet against Reliance Communications Limited (RCom), two former executives of the Reliance (Anil Ambani) Group, and others in the LIC investment fraud case that caused alleged loss of ₹3,750 crore.

The agency identified the former executives as Amitabh Jhunjhunwala, the group managing director; and Vishwas Joshi, senior vice-president of Reliance Capital Limited. P. Venugopal, the then chief investment officer of LIC, has also been named.

Photo credit: The Hindu
Originally published by The Hindu on Oct 3, 2026 Read the full article at thehindu.com
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