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The probe pertains to an alleged bank loan fraud perpetrated through Anil Ambani group companies.
Amitabh Jhunjhunwala and Amit Bapna both left the Reliance Group by December 2019.
KEY POINTS
- ED's probe targets bank loan fraud via Reliance Home Finance and Reliance Commercial Finance shell companies.
- Both executives, now arrested, have had no association with Reliance Group since leaving in 2019.
- The ED money laundering case arises from CBI FIRs involving Anil Ambani group entities.
COMPANIES
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