Archive · 7 Aug 2025
ED Investigates Anil Ambani in ₹17,000 Crore Loan Fraud Case
The government is looking into whether Anil Ambani and his companies did something wrong with big loans, worth about ₹17,000 crore.
They think money might have been moved around in a sneaky way and that rules were broken.
Investigators are looking at how loans were given, where the money went, and if it was used as it should have been.
Some companies were used to hide where the money came from.
They are questioning people and checking bank records to find out what happened and if anyone needs to be held accountable for not following the rules.
ED is investigating Anil Ambani and Reliance Group companies for alleged loan fraud and money laundering.
The investigation is connected to a ₹17,000 crore loan fraud and includes several Reliance ADA Group companies.
SEBI found a systematic diversion of funds involving shell companies, leading to an order against Ambani.
Partha Sarathi Biswal was arrested for arranging fake bank guarantees for Reliance Power.
SBI classified Reliance Communications as fraudulent due to irregularities in loan conduct.
- Who
- Anil Ambani and other executives of the Reliance ADA Group are under investigation, including Partha Sarathi Biswal.
- What
- The ED is investigating Anil Ambani and several Reliance Group companies for alleged loan fraud and money laundering.
- When
- The investigation began after SBI classified a loan as fraudulent and SEBI issued an order detailing fund diversion. ED actions have been taken in July and August.
- Where
- The investigation covers multiple locations associated with the Reliance Group and at ED headquarters.
- Why
- To investigate potential loan fraud, money laundering, and fund diversion involving Reliance Group companies and their financial dealings.
Reliance Group
Regulators and Banks
Accountability
Reliance Group
Reliance Group executives claim they have no knowledge of some alleged fraudulent transactions and loan disbursals.
Regulators and Banks
SEBI found systematic fund diversions and deviations from credit policies.
- Investigation Agency
- Enforcement Directorate (ED)
- Alleged Fraud Amount
- ₹17,000 crore
- Companies Under Scrutiny
- Reliance Infrastructure, Reliance Power, Reliance Communications, RHFL
- Key Individuals
- Anil Ambani, Partha Sarathi Biswal
- Banks Involved
- SBI, Axis Bank, ICICI Bank, HDFC Bank and Yes Bank
- SEBI Findings
- Diversion of funds, shell companies used, and routine deviations from credit policies
