Anil Ambani
Businessman Anil Ambani’s difficulties may increase further. The ED will interrogate him today in the case of loan fraud of Rs 17,000 crore in Delhi. For this, industrialist Anil Ambani has left his Mumbai house. Today he has to present the office of the Enforcement Directorate of Delhi.
The Enforcement Directorate has issued summons to industrialist Anil Ambani in the money laundering case today, has directed to appear at ED headquarters in Delhi on August 5. Earlier, the ED raided his residence and offices in Mumbai for three consecutive days. During this period, many important documents have been seized, on the basis of which summons for questioning were issued.
The ED has also issued a look out circular against Ambani, so that he can be prevented from leaving the country. The ED investigation is associated with an alleged ₹ 3,000 crore loan fraud, with allegedly diverting loans taken by group companies such as Reliance Home Finance Limited, Reliance Commercial Finance and Reliance Communications in banks and other affiliated institutions.
ED sent notice
The investigating agency has sent notice to about 39 banks, including both public and private sectors, sought information about all the loan deals that Anil Ambani’s ADAG Group had received. The focus of the investigation is whether the banks went against the rules and approved the loan and whether there was any kind of bribe or bias. In this case, the ED has sent summons to Anil Ambani as well as top officials of the group like Amitabh Jhunjhunwala and Satish Seth. Overall, at least 6 senior officials have been called for questioning.
The ED had raided more than 35 locations in Mumbai, including the hideouts of about 50 companies associated with the Adag group and 25 prominent persons. The information received during this operation is being made the basis of further inquiries. At present, Anil Ambani has left his house in Mumbai to reach the ED office in Delhi.