SC seeks replies from Centre, CBI, ED, Anil Ambani on PIL

Core Viewpoint - The Supreme Court is seeking responses regarding a Public Interest Litigation (PIL) that calls for a court-monitored investigation into alleged massive banking and corporate fraud involving the Anil Dhirubhai Ambani Group (ADAG) and its associated companies [1][4]. Group 1: Allegations and Investigations - The PIL alleges that the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) are not adequately investigating the complicity of banks and their officials in the alleged fraud [4][12]. - The petition claims that the fraud has been ongoing since 2007-08, with an FIR registered in 2025, indicating a significant delay in addressing the issue [5][10]. - The petition highlights that between 2013 and 2017, Reliance Communications (RCOM), Reliance Infratel (RITL), and Reliance Telecom (RTL) borrowed ₹31,580 crore from a consortium of banks led by the State Bank of India (SBI) [10]. Group 2: Calls for Action - The petitioner is requesting a status report from the CBI and ED regarding their investigations into the banks and their officials, asserting that the current investigations are inadequate and limited to a narrow FIR filed by SBI [6][10]. - The plea seeks the establishment of a Special Investigation Team (SIT) comprising officers from the CBI and ED to conduct a thorough and impartial investigation [8][9]. - The petition emphasizes the need for a comprehensive and judicially-supervised probe to ensure that all aspects of the financial misconduct are investigated, including the roles of bank officials and auditors [9][10].