The Supreme Court has raised concerns over the “reluctance” of the CBI and ED in investigating alleged bank fraud involving Anil Dhirubhai Ambani Group (ADAG) companies. Hearing a PIL, the court stressed that the probe must be fair, transparent and time-bound to ensure public confidence.
The bench noted hesitation in the agencies’ approach and called for a more comprehensive investigation, as current probes cover only parts of the case. It also directed better coordination among agencies and cooperation from financial institutions.
The case involves large-scale loan irregularities, and the court has sought status updates to monitor progress.