Industrialist Anil Ambani on Tuesday appeared before the Enforcement Directorate (ED) in connection with an ongoing money laundering investigation linked to alleged bank loan irregularities involving Reliance Communications (RCOM). 📌 Second Round of Questioning The 66-year-old business tycoon reached the ED office for his second round of questioning in the case. Officials said he was summoned to record his statement under the provisions of the Prevention of Money Laundering

The Bombay High Court has overturned an earlier stay on the “fraud” classification attached to accounts linked to industrialist Anil Ambani in a banking dispute, paving the way for further proceedings in the matter. The case pertains to the decision by a consortium of banks to classify certain loan accounts as “fraud” following a forensic audit. The classification had been challenged, and an interim stay had previously been granted. However, in its recent order, the High Cour

New Delhi: The Enforcement Directorate (ED) has issued fresh summons to industrialist Anil Ambani and his wife in connection with an ongoing investigation into an alleged money trail linked to the purchase of a luxury condominium in Manhattan. According to sources familiar with the matter, the summons were issued as part of the agency’s probe into suspected violations under foreign exchange and anti-money laundering laws. It is understood that Ambani’s wife has been called in