Anil Ambani fined Rs 25 crore, barred from securities market for 5 years; 24 others also barred by SEBI

In its 222-page final order, SEBI found that Anil Ambani, with the help of Reliance Home Finance Limited’s (RHFL) key managerial personnel, had orchestrated a fraudulent scheme to siphon-off funds from RHFL by disguising them as loans to entities linked to him. 
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