New Delhi, Nov 6: The Enforcement Directorate (ED) has once again summoned Reliance Group chairman Anil Ambani for questioning in connection with an alleged bank loan fraud and money laundering case, official sources said.
According to reports, the 66 year old industrialist has been directed to appear before the federal probe agency on November 14 in a case linked to an alleged loan default at the State Bank of India (SBI).
Anil Ambani was earlier questioned by the ED in August this year as part of the ongoing investigation. The probe agency recently attached assets worth ₹7,500 crore belonging to Ambani’s group companies under the Prevention of Money Laundering Act (PMLA).
The case pertains to suspected irregularities in bank loans and their diversion by some of the Reliance Group entities. The ED’s action follows findings shared by the Central Bureau of Investigation (CBI) and the banks’ internal reports, which flagged alleged misuse of funds.
Further details on the nature of the alleged fraud and Ambani’s role are expected to emerge after his deposition next week.