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Friday, January 30, 2026

ED arrests former Reliance Communications Limited Director Punit Garg in Rs 40,000 crore bank fraud case

The Enforcement Directorate’s Special Task Force on Thursday arrested Punit Garg, former Director of Reliance Communications Limited (RCOM), on January 29, 2026, under the Prevention of Money Laundering Act, 2002, in connection with an ongoing investigation into an alleged bank fraud and money laundering case involving more than Rs 40,000 crore linked to RCOM and its group entities.

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