ED arrests two former executives of Reliance Anil Ambani Group

The Enforcement Directorate connected Friday (June 12, 2026) arrested 2 erstwhile executives of the Reliance Anil Ambani Group (RAAG) nether the Prevention of Money Laundering Act (PMLA) successful Mumbai, officials said.

The ED has taken transit remand of Sateesh Seth and Gautam Doshi, some of whom antecedently served arsenic directors of Reliance Telecom Ltd., and is taking them to Delhi arsenic the lawsuit is registered successful the nationalist capital, they said.

The Central Bureau of Investigation (CBI) had booked and raided the premises of the 2 successful March arsenic portion of its probe into an alleged indebtedness fraud worthy ₹114.98 crore astatine the State Bank of India (SBI).

"SBI was a subordinate of the consortium of 11 banks which had sanctioned a full of ₹735 crore Term Loan installation to Reliance Telecom Ltd," the CBI had said.

The ED is understood to person taken cognisance of this CBI ailment and is investigating the roles of Mr. Seth and Mr. Doshi successful this slope indebtedness fraud case.