The Enforcement Directorate (ED) has summoned Reliance Group chairman Anil Ambani again next week for questioning in an alleged bank fraud-cum-money laundering case, according to a PTI report. He was earlier questioned by the federal probe agency in August.
Anil Ambani has been asked to appear on November 14 for questioning in a money laundering case linked to an alleged bank loan fraud at the State Bank of India (SBI), the PTI report said, citing sources.
ED attaches Rs 7,500 crore assets linked to Anil Ambani’s group companies
The ED has recently attached assets worth Rs 7,500 crore as part of its investigation against Ambani’s group companies. The attached properties, includes Ambani’s house in Mumbai, a plot of land belonging to Reliance Centre in Delhi and multiple other assets in the national capital, Noida, Ghaziabad, Mumbai, Pune, Thane, Hyderabad, Chennai and East Godavari.
Adding to his woes, IDBI Bank recently declared the loan account of Anil Ambani-led Reliance Group company Reliance Communications as ‘fraud’. Along with IDBI Bank, other banks including SBI, Bank of Baroda, Canara Bank, and BOI had also tagged Anil Ambani group companies as fraud.