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Searched Tag: reliance group cfo

The Reliance Group had previously stated that Reliance power had been a “victim of fraud, forgery and cheating conspiracy” in this case and that it had made due disclosures in this context to the stock exchange on November 7, 2024

ED arrests Reliance Group’s CFO in fake bank guarantee case

October 11, 2025, 01:04 PM - 3 min read

The Enforcement Directorate (ED) arrested the Chief Financial Officer (CFO) of Reliance Power, Ashok Pal, on Friday night under the provisions of the Prevention of Money Laundering Act (PMLA) in a case of alleged fake bank guarantee of ₹68 crore

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