Anil Ambani aide Jhunjhunwala denied bail in ₹11,000 cr fraud case

A Delhi court denied bail to Anil Ambani's close aide Amitabh Jhunjhunwala in ₹11,000 crore loan fraud case, stating he may influence witnesses if released. ED said Jhunjhunwala diverted funds claimed to be corporate loans to Anil Ambani's companies "in blatant disregard to prudential lending norms". Jhunjhunwala sought bail on medical grounds claiming he had a history of medical conditions.