ED summons Anil Ambani again for questioning on Nov 14 in money laundering case

The Enforcement Directorate (ED) has issued fresh summons to Reliance Group chairman Anil Ambani for questioning next week in connection with an alleged bank fraud-linked money laundering case, according to PTI.

The 66-year-old businessman has been called to appear before the agency on November 14, where his statement will be recorded under the Prevention of Money Laundering Act (PMLA), similar to his earlier deposition in August. Ambani was previously questioned for nearly ten hours in the same case, PTI reported.

The money laundering probe is based on an FIR registered by the Central Bureau of Investigation (CBI) on August 21, which accused Reliance Communication Ltd (RCom) and others of cheating the State Bank of India (SBI) of around ₹2,929 crore. The CBI had also conducted searches at Ambani’s Mumbai premises.

As per the SBI’s complaint cited in the CBI FIR, RCom had total outstanding dues exceeding ₹40,000 crore to various lenders as of 2018, with the public sector bank alone incurring significant losses.

Following the CBI’s action in August, a spokesperson for Ambani had said the matter dated back more than a decade and that he was a non-executive director at the time, with no role in day-to-day management. “Despite SBI withdrawing proceedings against five other non-executive directors, Mr. Ambani has been selectively singled out,” the statement noted.

Earlier, the ED had also conducted searches on current and former executives of Ambani’s group companies. Its wider probe covers alleged financial irregularities and loan diversion exceeding ₹17,000 crore across multiple entities, including Reliance Infrastructure (R Infra). This includes an alleged ₹3,000 crore loan diversion from Yes Bank between 2017 and 2019.

As part of its ongoing investigation, the agency has recently attached assets worth ₹7,500 crore, including Ambani’s Mumbai residence in Pali Hill and the Reliance Centre property in Delhi, PTI added.

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