A Delhi court has extended the judicial custody of former Reliance Communications executive Gautam Doshi by 14 days. This follows an Enforcement Directorate investigation into the alleged diversion of Rs 40,000 crore in loan funds. The case highlights ongoing regulatory scrutiny regarding the financial operations of the former Reliance ADA Group companies.
What Happened
The Rouse Avenue Court in Delhi has extended the judicial custody of Gautam Bhailal Doshi, a former senior executive at Reliance Communications (RCom), by another 14 days. Doshi is currently under investigation by the Enforcement Directorate (ED) regarding a money laundering case. The central allegation involves the potential diversion of over Rs 40,000 crore in loan funds…