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Reliance Power CFO arrested in fake bank guarantee case: Report
short by Jessica Rajan / on Wednesday, 22 April, 2026
Delhi Police's Economic Offences Wing (EOW) has arrested Reliance Power Chief Financial Officer (CFO) Ashok Kumar Pal and two others, PTI reported. They are accused of using fake bank guarantees worth over ₹136 crore to win a Solar Energy Corporation of India (SECI) tender. All three accused were arrested on April 15 and remanded to police custody until April 23.
read more at Financial Express