📷 Image: Wikimedia Commons / Sourav Mishra
Crime
Anil Ambani Charged Over Rs 1,800-Crore EPFO Loss
✍️ NDTV Top
🗓 01 Aug 2026, 08:38 PM
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Union Ministry of Labour and Employment has charged Anil Ambani with cheating, criminal conspiracy and causing wrongful loss to the Employees' Provident Fund Organisation, alleging a Rs 1,800‑crore loss.
The Union Ministry of Labour and Employment filed a formal complaint on July 21 accusing Anil Ambani of cheating, criminal conspiracy and causing a wrongful loss of Rs 1,800 crore to the Employees' Provident Fund Organisation (EPFO). The complaint alleges that Ambani’s business dealings led to misappropriation of EPFO funds, resulting in a significant financial loss for the pension scheme. The ministry has now formally charged Ambani, and the case will be heard by the appropriate court. This action follows earlier scrutiny of Ambani’s business practices and highlights the government’s commitment to safeguarding employee pension funds.