The summons come after the agency conducted searches at 35 premises of 50 companies and 25 people,including executives of his business group, in Mumbai on July 24.

Industrialist Anil Ambani arrives to appear before the Enforcement Directorate for questioning in a money laundering case linked to alleged multiple bank loan fraud cases, in New Delhi. 

New Delhi: Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies.

The businessman reached the office of the central probe agency in central Delhi in an EV vehicle around 10:50 am. 

The ED has notified a Look Out Circular (LOC), as per standard operating procedure in large bank 'fraud' cases, against Ambani even as some executives of his group have also been summoned to appear for questioning during the week as part of this prob...

The first allegation pertains to "illegal" loan diversion of around Rs 3,000 crore, given by the Yes Bank to the group companies of Ambani between 2017 and 2019.

Source:Deccanherald