{
  "id": 10737271,
  "title": "Mumbai Special CBI Court Grants Bail To Former Reliance Communications Group MD Amitabh Jhunjhunwala In ₹2,929-Crore Loan Fraud Case",
  "url": "https://urgent.news/2026/09/29/mumbai-special-cbi-court-grants-bail-to-former-reliance",
  "topic": "world",
  "section": "World",
  "published": "2026-09-29T16:30:10.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/mumbai/mumbai-special-cbi-court-grants-bail-to-former-reliance-communications-group-md-amitabh-jhunjhunwala-in-2929-crore-loan-fraud-case"
  },
  "original_language": "en",
  "account": "Mumbai, September 29, 2026 - The special CBI court has granted bail to Amitabh Jhunjhunwala, the former Group MD of Reliance Communications, in connection with a loan fraud case. Jhunjhunwala was granted bail on medical grounds. The CBI had registered a case against Reliance Communications and its directors, alleging that the bank suffered a wrongful loss of approximately Rs 2,929 crore due to fraudulent activities by borrowers. Jhunjhunwala was arrested on June 1, and his lawyers cited the Delhi High Court's order granting bail to him on medical grounds. They argued that he is a senior citizen in his 70s with a clean professional record of five decades. Jhunjhunwala was only a Non-Executive Vice Chairman of Reliance Capital Ltd., a holding company or associate company of RCOM. The CBI prosecutor disagreed, stating that a major financial crime was committed, causing a significant loss to the public.",
  "summary": "Mumbai, September 29, 2026: The special CBI court has granted bail to Amitabh Jhunjhunwala, former Group MD of Reliance Communications, in connection with the case lodged by CBI on the complaint of SBI for alleged loan fraud. He has been granted bail on medical grounds. CBI Alleges Loan Fraud The CBI registered a case against Reliance Communications and its directors on a complaint by State Bank…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "Antilia Bomb Scare Case: Special NIA Court Grants Bail To Dismissed Police Officer Sachin Waze, Says Car With Gelatin Sticks Was Not A Terrorist Act",
        "url": "https://urgent.news/2026/09/29/antilia-bomb-scare-case-special-nia-court-grants-bail-to-dismissed",
        "published": "2026-09-29T16:02:57.000Z"
      },
      {
        "outlet": "NDTV - India News",
        "title": "\"Nothing On Record\": Ex-Cop Sachin Waze Gets Bail In Mumbai Bomb Scare Case",
        "url": "https://urgent.news/2026/09/29/nothing-on-record-ex-cop-sachin-waze-gets-bail-in-mumbai-bomb-scare",
        "published": "2026-09-29T18:12:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}