Supreme Court Criticizes CBI and ED for Reluctance in Anil Ambani Bank Fraud Case The Supreme Court on Monday (March 23, 2026) expressed concerns over the Central Bureau of Investigation (CBI) and Directorate of Enforcement (ED)’s handling of the financial fraud allegations linked to Anil Dhirubhai Ambani Group (ADAG) and its promoter, Anil Ambani. The court emphasized the need for a “transparent, fair, and credible” investigation, while noting that the agencies had previously displayed “reluctance” and lacked discipline or structure. Chief Justice of India Surya Kant, presiding over a three-judge bench, warned that the investigative agencies’ approach had not met the required standards. The court clarified that its comments did not pertain to arrests or specific legal outcomes but highlighted the necessity of a thorough and impartial probe. “We do not want to get into who should be arrested and who should not in this case,” Justice Kant stated. “It should not be taken as the court is interfering in the investigation. However, the way the agencies have shown reluctance and allowed things to proceed without proper scrutiny is unacceptable.” Solicitor General Tushar Mehta, representing the government, promised to convey the court’s message to ED and CBI directors in “harsher terms.” In his submission, Mehta outlined the progress of the investigation, including the formation of a Special Investigation Team (SIT) on February 12. He reported that assets worth ₹15,000 crore had been seized, and the total wrongful loss caused by the fraud amounted to ₹40,185.55 crore of public funds. Seven separate cases were under active scrutiny, with the roles of public servants being examined.#supreme_court #anil_ambani #central_bureau_of_investigation #securities_and_exchange_board_of_india #director_of_enforcement
