CBI registers FIR against Reliance Cap in LIC Investment fraud case

Chennai/Mumbai, Sep 18 (UNI) The CBI on Friday registered an FIR against Reliance Capital Limited in the LIC Investment fraud case. It said on the basis of a written complaint received from the LIC, cases were registered against M/s Reliance Capital Limited (RCAP), Mumbai, Anil D. Ambani, former Chairman of RCAP, Satish Seth, Group Managing Director of Reliance Anil Dhirubhai Ambani Group (ADA Group), unknown public servants and others. It is alleged by the LIC that during the period from April 12, 2012 to March 9, 2018, LIC had subscribed to 5 Non-Convertible Debentures (NCDs) aggregating to Rs. 3,900 crores…