Overview
- The Enforcement Directorate arrested Kolkata-based consultant Amar Nath Dutta and secured four days of custody, marking the third arrest in the case.
- Investigators say the case involves a forged bank guarantee of over Rs 68 crore submitted by subsidiary Reliance NU BESS to SECI, which has reported losses exceeding Rs 100 crore.
- Earlier arrests included former Reliance Power CFO Ashok Kumar Pal and Biswal Tradelink managing director Partha Sarthi Biswal.
- The agency has summoned Anil Ambani for questioning on November 14 and previously attached assets of him and Reliance entities worth over Rs 7,500 crore.
- Reliance Power stated in an exchange filing that Dutta is not connected to the company and that it and its subsidiary were victims, with no impact on operations or stakeholders.