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Rs 3,750 crore RCom fraud: CBI names ex-LIC executive

World 1 source 1 country 🔦 Under-reported 55m ago

The Central Bureau of Investigation (CBI) has named a former executive of the Life Insurance Corporation (LIC) in connection with an alleged Rs 3,750 crore fraud involving Reliance Communications (RCom).

The case centres on financial irregularities and fraudulent transactions amounting to Rs 3,750 crore linked to the telecommunications company, drawing scrutiny toward institutional involvement through the inclusion of the former LIC official.

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Read the full story at the source Times of India · IN ↗
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