Archive · 24 Jul 2025
ED Raids Anil Ambani in ₹3,000 Crore Loan Fraud Probe
The government is looking into whether a businessman named Anil Ambani and his companies did something wrong with loans from a bank called Yes Bank.
Investigators think about ₹3,000 crore of loan money was moved around in a way that wasn't right.
They searched many places connected to Ambani and found some suspicious things.
They're checking if anyone took bribes or if loans were given out without following the rules.
It's like someone took money from a bank and used it in a sneaky way.
ED is investigating an alleged ₹3,000 crore loan diversion case involving Anil Ambani's group companies.
Raids were conducted at over 35 locations, including 50 companies and 25 individuals.
The investigation centers on loans from Yes Bank between 2017 and 2019, with suspected irregularities.
ED is probing allegations of bribery involving Yes Bank promoters.
Shares of Reliance Power and Reliance Infrastructure experienced a sharp decline.
- Who
- Anil Ambani, Yes Bank promoters, and Reliance Anil Ambani Group (RAAGA) companies are involved.
- What
- The Enforcement Directorate (ED) is investigating alleged loan fraud and money laundering involving Anil Ambani and his group.
- When
- The alleged fraud occurred between 2017 and 2019.
- Where
- Raids were conducted in Mumbai and Delhi at over 35 locations.
- Why
- The ED is investigating suspected fraudulent diversion of ₹3,000 crore in loans from Yes Bank.
Allegations of Fraud
Defensive Stance
Loan Approval Irregularities
Allegations of Fraud
Loans were approved without proper due diligence.
Defensive Stance
The ED is probing allegations of a well-planned scheme to divert public funds.
- Amount Under Investigation
- ₹3,000 crore
- Entities Searched
- Over 35 premises, 50 companies, and 25 individuals
- Key Agencies Involved
- ED, CBI, SEBI, NHB, Bank of Baroda, NFRA
- Alleged Offenses
- Cheating banks, shareholders, and public institutions; bribery
- Relevant Act
- Prevention of Money Laundering Act (PMLA)
Sources
Anil Ambani Under ED Lens: Reliance Power & Reliance Infra Stocks Crash Nearly 5% In Rs 3,000 Crore Loan Scam Probe
ED raids Anil Ambani’s properties in Rs 3,000 crore loan diversion case probe
Anil Ambani Raided By ED: Probe Agency ED Raids Premises Linked To Anil Ambani In Delhi, Mumbai: Sources
ED raids in bank loan ‘fraud’ against Anil Ambani group companies, Yes Bank
