Scan to Download
The first round of interrogation of business tycoon Anil Ambani has come to a close on Aug 5.
Anil Ambani has reportedly left ED premises after 8.5 hours of questioning, at the headquarters in Delhi.
(Source: NDTV)
Anil Ambani has reportedly left ED premises after 8.5 hours of questioning, at the headquarters in Delhi.
(Source: NDTV)
Anil Ambani will come out from ED office in a short while. From there he will go directly to Mumbai. He came from Mumbai by a chartered plane.
(Source: NDTV)
The ED has termed the illegal loan fraud linked to Anil Ambani Group companies as one of the biggest corporate loan frauds currently under investigation.
Click here to know more.
Anil Ambani's two key executives Amitabh Jhunjhunwala and Sateesh Seth to be Questioned this week, according to sources.
The enforcement directorate has said it will summon Anil Ambani after 7-10 days. The millionaire allegedly told the ED that he is not aware of many transactions ED has put in question and that He needs to check details and respond on levied allegations on loan frauds, as per sources.
ED is also looking at some instances of loans given to entities with weak financials, a lack of proper documentation of loans and due diligence, borrowers having common addresses and common directors in their companies, etc., according to PTI sources.
Reliance Power Ltd.'s share price plummeted by 5%, hitting the lower circuit limit on Tuesday, as Reliance Group Chairman Anil Ambani appears before probe agency Enforcement Directorate today for questioning in connection with an alleged Rs 17,000 crore worth bank loan fraud-linked money laundering case.
Read full story here.
ED in July had informed the Rajya Sabha that it has launched a probe under the Prevention of Money Laundering Act into suspected loan frauds by Reliance Home Finance Ltd. and Reliance Commercial Finance Ltd. The investigation is based on two FIRs filed by the Central Bureau of Investigation.
Apart from Anil Ambani, top Anil Dhirubhai Ambani Group executives Sateesh Seth and Amitabh Jhunjhunwala have also been summoned by the agency.
The statement of the 66-year-old businessman is being recorded under the Prevention of Money Laundering Act (PMLA), official sources told PTI.
(Source: PTI)
Reliance Group Chairman Anil Ambani has reached Enforcement Directorate Headquarter in Delhi.
#WATCH | Delhi: Anil Ambani reaches the Enforcement Directorate office after being summoned for questioning as part of ED's ongoing probe into an alleged Rs 17,000-crore loan fraud case. pic.twitter.com/IBZmhZiJmn
— ANI (@ANI) August 5, 2025
Reliance Group Chairman Anil Ambani is in Delhi and will appear before the Enforcement Directorate regarding an alleged Rs 17,000-crore loan fraud case.
Read full details to know all details here.
Reliance Group Chairman Anil Ambani has reached Delhi.
In response to the developments, Reliance Power and Reliance Infrastructure had already issued statements to the stock exchanges on July 26, asserting that the ED’s actions had “absolutely no impact” on their business operations, financial performance, or stakeholder interests.
The Enforcement Directorate has written to 12-13 public-sector and private banks seeking details on due diligence followed on the loans sanctioned to Reliance Housing Finance, Reliance Communications and Reliance Commercial Finance.
The move follows raids launched by the agency on July 24 across multiple premises associated with Ambani’s companies.
ED finds complex financial transactions including quid pro quo deals with Yes Bank’s Rana Kapoor. The agency suspected kickbacks to certain bankers and investments routed through shell companies
The Anil Ambani case involves complex financial dealings, including alleged quid pro quo arrangements with bankers, suspicious investments routed through shell companies, and forged bank guarantees.
Currently under investigation, this massive Rs 17,000-crore default has thrust the spotlight once again on some of the largest corporate loan frauds in India’s recent history, highlighting persistent challenges in bank loan recoveries and corporate governance.
Hello and welcome to our blog on one of the 'biggest corporate loan fraud by Anil Ambani Group' companies.
Reliance Group chairman Anil Ambani will today appear before probe agency Enforcement Directorate for questioning in connection with an alleged Rs 17,000 crore worth bank loan fraud-linked money laundering case.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
