Had no role: Anil Ambani denies ₹724 crore fraud claim by BOI

Anil Ambani denied ₹724.78 crore fraud claims by Bank of India (BOI). The notice stated Anil was Non-Executive Director at Reliance Communications till 2019, with no role in everyday management. It said, "BOI classified RCom's account without following principles of natural justice." It added BOI issued notice to 13 directors, managerial personnel but withdrew them, continuing against Ambani.