Anil Ambani, 66, who was earlier grilled by the ED in August for around 10 hours in the same case, will again depose before the central probe agency next week.
Published: November 6, 2025 4:07 PM IST
In more trouble for business tycoon Anil Ambani, the Reliance Group chairman has been summoned for another round of questioning by the Enforcement Directorate (ED) on November 14 in an alleged money laundering case registered against him, and his now-defunct telecom firm Reliance Communications (RCom).
Why ED summoned Anil Ambani?
Anil Ambani, 66, who was earlier grilled by the ED in August for around 10 hours in the same case, will again depose before the central probe agency next week, and his statement will be recorded under the Prevention of Money Laundering Act (PMLA) like the last time, PTI reported, citing sources.
The ED probe against Anil Ambani stems from an August 21 FIR registered by Central Bureau of Investigation (CBI), which booked a criminal case against RCom, Mumbai, its Director Anil D Ambani, unknown public servants and unknown others on the basis of a complaint from the State Bank of India (SBI).
What are the charges against Anil Ambani?
Ambani and others are named as accused in an alleged linked money laundering case against Reliance Communication Ltd (RCom) for an alleged Rs 2,929 crore loan fraud with the SBI. In its complaint, the SBI, RCom owed over Rs 40,000 crore to various lenders with the public sector bank alone facing a loss of Rs 2929.05 crore, according to 2018 figures.
The initial ED probe was related to alleged financial irregularities and collective loan “diversion” pegged at more than Rs 17,000 crore by multiple group companies of Anil Ambani, including Reliance Infrastructure (R Infra), and also included the allegation of “illegal” loan diversion of around Rs 3,000 crore, given by the Yes Bank to Reliance Group companies 2017 and 2019.
What did Anil Ambani say?
Following the CBI FIR in August, a spokesperson for Anil Ambani, in a statement, argued that the complaint filed by the SBI was linked to matters dating back more than 10 years and at the relevant time, Ambani was a non-executive director of the company, with no involvement in the day-to-day management.
“It is pertinent to note that SBI, by its own order, has already withdrawn proceedings against five other non-executive directors. Despite this, Mr. Ambani has been selectively singled out,” the spokesperson had said.
ED attached Ambani’s Pali Hill home
Earlier this week, the ED attached assets worth Rs 7,500 crore as part of its investigation against Ambani’s group companies, including Anil Ambani’s Pali Hill house in Mumbai, and Reliance Centre land located in Delhi.
In July, the probe agency had carried out searches against the current and former executives of the group companies of Ambani and in August first week it questioned and recorded his (Ambani’s) statement.
(With PTI inputs)
Also Read:
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: india.com
