No Search Conducted at Reliance Group – Unique Times

Reliance Group distanced itself from reports of police raids at its offices, saying it was “not aware of the circumstances” leading to the arrest of an employee of the group’s power business. “No search or raid has been conducted by police authorities at any office of the Reliance Group anywhere in India,” the Anil Ambani-led group, which has interests ranging from telecom to power and infrastructure, said in a statement. Police have arrested officials from five companies and others as part of investigations of an alleged scam to steal documents from the oil ministry to sell to consultants and private companies. “Reliance Power is fully cooperating with the authorities,” Reliance Group said in the statement.

Denisha Sahadevan