"Baap of bad boy billionaires"

The financial health of public sector banks is seriously  affected by bad loans. It is a known fact that, the big corporates take huge loans from government banks and do not return those loans. For example, Vijay Mallya has cheated the banks Rs.9,000 crore. Similarly, Nirav Modi has cheated Rs.11,400 crore. Mehul Choksy has cheated Rs.5,492 crore. These people are called "Bad boy billionaires" The CBI and Enforcement Directorate (ED) have taken action on them. 

However, there is one man, who has committed the biggest fraud on banks and swindled the highest amount in this country. He is Anil Ambani. His Reliance Communications has cheated Rs.49,193 crores. Similarly, his Reliance Telecom has cheated Rs.24,306 crore. Reliance Infra, another company of Anil Ambani, has cheated Rs.12,687 crore. The total amount cheated by Anil Ambani comes to Rs.86,188 crore.  Hence, Anil Ambani is being called the "Baap of bad boy billionaires". All the money swindled by him is people's money.  However, so far, the CBI or Enforcement Director (ED) has not taken any action on Anil Ambani. Why? This is a billion dollar question. Not only that. It is important to note that, despite such a big fraud committed by Anil Ambani, the government has helped him to get the Rafale contract.