Reliance Group investigation

Anil Ambani Appears Before ED in ₹17,000-Crore Money Laundering Probe

Anil Ambani Appears Before ED in ₹17,000-Crore Money Laundering Probe

New Delhi, August 5, 2025 — Industrialist and Reliance Group Chairman Anil Ambani appeared before the Enforcement Directorate (ED) on Tuesday in connection with a sprawling money laundering investigation into alleged bank loan frauds exceeding ₹17,000 crore involving several of his group companies.Ambani, 66, reached the ED headquarters in central Delhi around 10:50 am, arriving in an electric vehicle. His statement is being recorded under the Prevention of Money Laundering Act (PMLA), official sources confirmed.The questioning comes just weeks after a sweeping ED operation on July 24, during which the agency raided 35 locations tied to nearly 50 companies and…
Read More