- In 1982, Rs 22.5 crore worth of Reliance shares were supposedly bought by non- resident Indians said to be acting on the behalf of the Ambanis.
- In 1985, dummy corporations were said to have been formed by the Ambanis in the Panama Islands, the British Virgin Islands, the Isle of Man and the Channel Islands (all tax havens) to make investments worth Rs 70 crore.
- Reliance brought in equipment worth Rs 119 crore between 1982 and 1985 for its polyester fibre yarn (PFY) plant. Reliance allegedly brought in second-hand equipment as new.
- In 1987, a letter from Nusli Wadia to Fairfax enlisting its services was said to have been an Ambani forgery, allegedly perpetrated with the help of the then chief of the Central Bureau of Investigation.