RCom said that it has received a letter from Bank of Baroda on September 2, informing the decision to declare the loan accounts of the company and its promoter Anil Ambani as fraud.
Choksi, after fleeing from India, was living with his wife Preeti Choksi in Antwerp city in Belgium. Read further on Dynamite News
33 people including 17 women have been arrested for allegedly cheating people on the pretext of providing them loans, police said on Thursday.