Archive · 24 Jul 2025

ED Raids Anil Ambani-Linked Entities in Financial Probe

ED Raids Anil Ambani-Linked Entities in Financial Probe

The government's ED is looking into possible financial wrongdoings involving Anil Ambani's companies.

They suspect money was taken from Yes Bank in a sneaky way.

Investigators found that loans were given out without following all the rules.

Many of the companies that received loans looked suspicious, like they were created just to hide money.

The ED is also looking closely at how one of Ambani's companies, Reliance Home Finance, gave out big loans.

ED searched many places connected to these companies and people to find out what happened.

Sources