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ED summons Anil Ambani for Rs 3,000 Loan Fraud
Aug 05, 2025 11:58 am
By
infodivyadelhi

Divya Delhi : After searching numerous Mumbai addresses linked to Anil Ambani on July 24, the agency issued the summons.The Enforcement Directorate (ED) has summoned Reliance Group chairman Anil Ambani for alleged Rs 3,000 crore bank loan scam. The industrialist will be questioned at the ED's Delhi headquarters on August 5.. The July 27 raids at over 35 locations were part of a money laundering probe involving Reliance Anil Dhirubhai Ambani Group entities.The ED is investigating illegal misuse of Rs 3,000 crore in Yes Bank loans to the group's firms between 2017 and 2019. Additionally, the inquiry agency is investigating a quid pro quo arrangement, including possible bribe payments to Yes Bank personnel by its promoters.Over 25 people were allegedly related to the money laundering investigation after the investigate agency searched 35 locations across 50 organizations.“Independent and listed Reliance Power has no business or financial ties to RCOM or RHFL. Supreme Court of India ruling resolved RHFL. It stated that RCOM or RHFL's governance, management, or operations are unaffected by Mr. Anil D. Ambani's absence from the Reliance Power Board. After the CBI filed a First Information Report (FIR), the ED began investigating Reliance Anil Ambani Group (RAAGA) entities for money laundering.