Reliance Group Chairman Anil Ambani on Thursday appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said.
The agency is expected to record the statement of the 60-year-old Ambani under the Prevention of Money Laundering Act (PMLA).
Ambani’s nine group companies are stated to have taken loans of about Rs 12,800 crore from the bank that reportedly were under “stress”.-PTI news
TheNews21 is a leading national English news portal. Operating from the island city of Mumbai, it covers regional and federal current affairs related to politics apart from major foreign affairs issues. The portal also hosts in-depth investigation features, developments in the business sector, and keeps a pulse on the world of sports and entertainment.
Address: 104, SP Telange Industrial Estate, Opposite Vir Rubber Company, Kalyan-Badlapur Road, Chikhloli,Ambernath - West, Dist Thane, Maharashtra, India 421 501
