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Anil Ambani Charged For Causing Rs 1,800-Crore Loss To Provident Fund Body
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Anil Ambani has been charged by authorities for allegedly causing a Rs 1,800-crore loss to the Employees' Provident Fund Organisation (EPFO).
The Union Ministry of Labour and Employment filed a complaint on July 21 accusing Ambani of cheating, criminal conspiracy, and causing wrongful loss to EPFO.
The charges stem from an investigation into the EPFO's handling of funds.
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Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani