Archive · 24 Jul 2025
ED Raids Companies Linked to Anil Ambani in Loan Fraud Case
The Enforcement Directorate (ED) is looking into a possible loan fraud involving Anil Ambani's companies and Yes Bank.
The ED is investigating a ₹3,000 crore loan that was diverted between 2017 and 2019.
The investigation includes raids on multiple locations associated with Anil Ambani's group.
Authorities are checking into claims that Yes Bank's promoters got money before approving the loans, indicating a potential bribery scheme.
The money laundering case is based on various reports and FIRs.
ED is investigating a ₹3,000 crore loan diversion from Yes Bank between 2017 and 2019.
Raids were conducted on over 35 premises in Mumbai and Delhi linked to Anil Ambani group companies.
The ED is probing allegations of illegal loan diversion.
Yes Bank promoters received money just before the loan was granted.
The money laundering case stems from CBI FIRs and reports from multiple financial authorities.
- Who
- Enforcement Directorate, Anil Ambani group, Yes Bank.
- What
- ED is investigating a ₹3,000 crore loan diversion, conducting raids related to alleged loan fraud.
- When
- Between 2017 and 2019; raids conducted on July 24, 2025.
- Where
- Mumbai and Delhi; companies linked to Anil Ambani.
- Why
- To investigate allegations of illegal loan diversion and potential bribery related to loan approvals.
- Involved Parties
- Anil Ambani group, Yes Bank
- Alleged Fraud Amount
- ₹3,000 crore
- Investigation Agency
- Enforcement Directorate (ED)
- Locations Raided
- Mumbai and Delhi
- Legal Basis
- Money Laundering investigation under PMLA
