Anil Ambani's close aides Jhunjhunwala & Bapna arrested in loan fraud probe

The ED has arrested Amitabh Jhunjhunwala and Amit Bapna, close aides of Anil Ambani, in an alleged loan fraud case. The case is linked to money laundering investigations into an alleged loan fraud involving Reliance Home Finance and Reliance Commercial Finance. Jhunjhunwala, who was taken into custody under the Prevention of Money Laundering Act, was a director of Reliance Capital.