The Enforcement Directorate (ED) called Reliance Group Chairman Anil Ambani for questioning on 5 August 2025. Ambani has received an ED summons in connection with the ongoing investigation into the loan fraud case by his company. According to the information, the case is allegedly related to the rigging of loans taken from banks and misuse of funds. The ED fears that the amount of these loans was transferred to other places through money laundering. The agency is investigating this entire financial transaction in depth and an attempt will be made to clarify his role through interrogation of Anil Ambani.
Called at ED headquarters in Delhi
According to sources, 66 -year -old Ambani has been called to the ED headquarters in Delhi, as the case is registered there. The agency will record his statement under the Prevention of Money Laundering Act (PMLA) during his interrogation. It is believed that this summons has been sent in connection with the investigation of alleged misuse and financial irregularities of bank loans taken by companies of Reliance Group.
Why was summon sent?
The action came out after the raids launched on 24 July 2025, which lasted for three days. During this time, ED raided more than 35 locations in Mumbai, which belonged to 50 companies and 25 persons associated with Anil Ambani Group. Investigations have revealed that many group companies allegedly misused a loan amount of more than ₹ 10,000 crore and diverted it in various companies and shell firms.
Accuses related to Yes Bank
A large focus of ED investigation is on a loan of ₹ 3,000 crore, which was given to the group companies between 2017 and 2019. It is alleged that the funds were transferred to the promoters of YES Bank just before the release of these loans, which ED is looking as a loan in lieu of bribe. Loan acceptance included backdated credit approval memo, without appropriate assessment investment, and violation of the bank’s credit policy.
Role of SBI and other banks
The Government of India had recently informed in Parliament that SBI has placed RCom and Anil Ambani in the category of “fraud” and is in the process of filing a complaint with the CBI soon. Apart from this, ED is also investigating a loan fraud of ₹ 1,050 crore between RCom and Canara Bank.
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