10 hrs ago
Delhi court rejects medical bail plea of former Reliance executive
A Delhi court decided that Amitabh Jhunjhunwala should remain in custody for now.
He had asked to be released on bail because of medical reasons.
The Enforcement Directorate is investigating him in an alleged money-laundering case.
The court said it was worried that he might influence staff members who could testify.
It also said the investigation is still continuing.
Jhunjhunwala was arrested in April 2025 and has remained in judicial custody.
In a separate case, the Central Bureau of Investigation has accused him of helping obtain a large loan for Reliance companies.
The CBI says the loan was not repaid and caused a major loss to State Bank of India.
These allegations have not been finally decided by the court.
The Rouse Avenue Court rejected Amitabh Jhunjhunwala’s regular bail application, which was based on medical grounds.
The court said concerns about witness influence and evidence tampering could not be ignored because the investigation remains underway.
Jhunjhunwala was arrested by the Enforcement Directorate in April 2025 over an alleged money-laundering case involving Reliance Home Finance and Reliance Commercial Finance.
The Central Bureau of Investigation has separately accused him in the Reliance Communications loan case involving an alleged Rs 1,200 crore term loan.
The CBI alleges the unpaid loans caused State Bank of India a loss of about Rs 971.25 crore, while total exposure in the broader case is about Rs 19,694 crore.
- Who
- Amitabh Jhunjhunwala, a former senior executive of the Reliance Anil Dhirubhai Ambani Group, the Enforcement Directorate, and the Central Bureau of Investigation.
- What
- A Delhi court rejected Jhunjhunwala’s regular bail plea sought on medical grounds.
- Where
- The decision was made by the Rouse Avenue Court in Delhi.
- When
- The ruling was issued on Saturday; Jhunjhunwala was arrested in April 2025, and the CBI filed a second supplementary chargesheet last month.
- Why
- The court cited the alleged seriousness of the accusations, the ongoing investigation, and concerns that Jhunjhunwala could influence witnesses or tamper with evidence.
Court and agency concerns
Jhunjhunwala’s bail request
Whether bail should be granted
Court and agency concerns
The court accepted that the Enforcement Directorate’s concerns about witness influence and evidence tampering could not be dismissed, particularly because the investigation is ongoing.
Jhunjhunwala’s bail request
Jhunjhunwala sought regular bail on medical grounds, but the court found insufficient grounds to release him at this stage.
Role in the alleged offences
Court and agency concerns
The court cited the allegation that Jhunjhunwala was the principal architect of the crime and had control over staff members listed as witnesses. The CBI separately alleges criminal conspiracy, cheating, and criminal misappropriation in the Reliance Communications case.
Jhunjhunwala’s bail request
The articles report the allegations and bail request but do not provide a detailed response from Jhunjhunwala or his legal team on the agencies’ claims.
Key facts
- Court
- Rouse Avenue Court, Delhi
- Bail decision
- Regular bail rejected on medical grounds
- ED arrest
- April 2025
- ED case
- Alleged money laundering involving Reliance Home Finance Ltd. and Reliance Commercial Finance Ltd.
- CBI loan allegation
- An alleged Rs 1,200 crore term loan for Reliance Communications Ltd. and Reliance Infratel
- Alleged SBI loss
- About Rs 971.25 crore
- Broader bank exposure
- About Rs 19,694 crore, according to the CBI
Quotes
Rouse Avenue Court
Delhi’s court hearing Jhunjhunwala’s bail application
“In view of the observations above, this Court does not find sufficient grounds to enlarge the accused/applicant on bail at this stage. Accordingly, the application stands dismissed.”
thehansindia.com
“The investigation in this case is still underway and considering the nature and gravity of the accusation, the apprehensions of the ED cannot be brushed aside.”
thehansindia.com
Sources
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