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The Enforcement Directorate has formally charged Reliance Communications and Reliance Infrastructure with serious financial offenses, including money laundering involving over forty thousand crore rupees in misappropriated bank funds. The allegations indicate substantial financial misconduct by both companies and related individuals. The agency is pursuing the confiscation of properties worth more than eight thousand crore rupees, stemming from a deliberate scheme to misdirect public funds from vital infrastructure projects.
Indexed and credited by AIPROPX. Originating outlet: The Times of India. Open at source →
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AIPROPX has consolidated 1 report from 1 outlet into a single canonical entry on “ED chargesheets against RCom, Reliance Infra in 40k crore bank fraud.” Every covered outlet is based in Other.
The only timestamped report came from The Times of India (Aug 9, 2026, 21:49 UTC).
2 statements are carried by only one outlet within this set and are not echoed by the others.
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AIPROPX — “ED chargesheets against RCom, Reliance Infra in 40k crore bank fraud” · https://www.aipropx.com/story/fbf79bc48c2a04ccd4c8d2830c94d3df
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