Times of India | CBI arresting only ADAG officials and not kingpin: Petitioner in Supreme Court

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A public‑interest petition filed in the Supreme Court has urged the court to question why the CBI and Enforcement Directorate have only arrested mid‑level officials of the Anil Dhirubhai Ambani Group (ADAG) in the probe of a alleged ₹40,000‑crore loan‑siphoning scheme, while the alleged mastermind remains untouched. After senior advocate Prashant Bhushan’s complaint, Solicitor General Tushar Mehta explained that the agencies need more time due to new facts uncovered, and submitted their status reports to a bench led by Chief Justice Surya Kant and Justice J Bagchi. The court, which had earlier expressed dissatisfaction with the agencies’ reluctance to act against ADAG companies, said it will consider the reports and issue further directions at the next hearing on May 8. Counsel for Anil Ambani, including Mukul Rohatgi and Kapil Sibal, argued that the group is ready to discuss settlements with banks and highlighted the broader issue of insolvency‑driven takeovers that harm creditors, while the judges stressed that big players should not escape accountability.

Read more: https://timesofindia.indiatimes.com/india/cbi-arresting-only-adag-officials-and-not-kingpin-petitioner-in-supreme-court/articleshow/130659128.cms

#CBI #EnforcementDirectorate #SupremeCourt #AnilAmbani #TusharMehta #AnilDhirubhaiAmbani #SuryaKant #JBagchi #KapilSibal #MukulRohatgi #PrabhasBajaj

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