Home / Crime and Justice / RCom Case: Ex-Director Remanded to ED Custody
RCom Case: Ex-Director Remanded to ED Custody
13 Jun
Summary
- Former Reliance Telecom director remanded to 5-day ED custody.
- Allegations involve ₹40,000 crore in misappropriated bank funds.
- Investigation seeks to trace funds and identify ultimate beneficiaries.
A former director of Reliance Telecom, Gautam Bhailal Doshi, was remanded to 5 days of ED custody on June 13, 2026, in connection with an alleged money laundering case involving Reliance Communications (RCom). Doshi, who previously held significant authority within the Reliance ADA Group, will remain in custody until June 18, 2026.
The Enforcement Directorate (ED) is investigating allegations of approximately ₹40,000 crore in misappropriated funds. These funds were reportedly obtained from banks through misrepresentation and deception by RCom and other group entities, referred to as Reliance Anil Dheerajlal Ambani Group (RAAG).
Investigators are seeking to uncover the full conspiracy behind the diversion and layering of these loan funds. The ED aims to determine the decision-making processes, identify ultimate beneficiaries, and trace further domestic and overseas assets acquired with the proceeds of the alleged crime.
The court noted evidence, including emails and financial records, indicating Doshi's active involvement in managing group entities, banking arrangements, and offshore structures. His custodial interrogation is deemed necessary to unravel the complete mechanism of how these illicit funds were acquired, concealed, and dissipated.
