Archive · 6 Nov 2025
Anil Ambani Summoned Again by ED in ₹2,929-Crore RCom Bank Fraud Case
Anil Ambani, the chairman of Reliance Group, has been asked to talk to the Enforcement Directorate (ED) again on November 14.
This is about a case where RCom, one of his old companies, is accused of not paying back a large bank loan of about ₹2,929 crore.
The ED is investigating if any money was laundered in this case.
The ED and another agency, the CBI, are looking into financial problems and money movements totaling over ₹17,000 crore related to various Ambani group companies.
Because of these investigations, the ED has taken control of assets worth ₹7,500 crore, which include Anil Ambani's home.
Anil Ambani had already spoken to the ED for about 10 hours in August.
His team has said he was a non-executive director at the time of the RCom loan issue and wasn't involved in the company's daily decisions.
Anil Ambani summoned by the ED for a second round of questioning on November 14 regarding an alleged ₹2,929-crore bank fraud case involving Reliance Communications (RCom) and SBI.
The investigation falls under the Prevention of Money Laundering Act (PMLA), with Ambani previously questioned for nearly 10 hours in August.
The CBI's FIR stems from an SBI complaint, alleging RCom had over ₹40,000 crore in debt, with SBI alone suffering a ₹2,929.05 crore loss as per 2018 figures.
The ED's wider probe includes alleged financial irregularities and loan diversions totaling over ₹17,000 crore by various Reliance Group entities.
Assets worth ₹7,500 crore, including Ambani's Mumbai residence, have been provisionally attached by the ED as part of the investigation.
- Who
- Enforcement Directorate (ED), Anil Ambani, Reliance Communications Ltd (RCom), State Bank of India (SBI), Central Bureau of Investigation (CBI)
- What
- Anil Ambani summoned for a second round of questioning in a money laundering probe linked to an alleged ₹2,929-crore bank fraud case against RCom and SBI. Assets worth ₹7,500 crore have been attached.
- When
- November 14 (new summons date); August (previous questioning and CBI FIR registration); 2018 (loan figures); 2017-2019 (Yes Bank loan diversions alleged); July (previous ED searches)
- Where
- Mumbai (Ambani's residence and premises searched)
- Why
- Allegations of money laundering and bank fraud linked to RCom's alleged loan default and wider financial irregularities/loan diversions by Reliance Group entities.
Enforcement Directorate (ED) and CBI Allegations
Anil Ambani/Spokesperson Statements
Role and Involvement in RCom Loan Fraud
Enforcement Directorate (ED) and CBI Allegations
The ED is investigating Anil Ambani in a money laundering probe linked to an alleged ₹2,929-crore bank fraud case against RCom and SBI. The CBI's FIR names RCom, Anil D. Ambani, and others in the alleged loan default.
Anil Ambani/Spokesperson Statements
A spokesperson stated that the complaint pertains to matters dating back over a decade, that Anil Ambani served as a non-executive director at the time and had no involvement in day-to-day management. The spokesperson also noted that SBI had withdrawn proceedings against other non-executive directors, implying Ambani was selectively singled out.
Scope of Investigation and Asset Attachments
Enforcement Directorate (ED) and CBI Allegations
The ED's broader investigation covers alleged financial irregularities and loan diversions totaling over ₹17,000 crore by various Reliance Group entities, including Reliance Infrastructure. Assets worth ₹7,500 crore, including Ambani's residence, have been attached.
Anil Ambani/Spokesperson Statements
While not directly addressing the total scope, a spokesperson noted Anil Ambani's lack of involvement in RCom's day-to-day management. Reliance Infrastructure has previously stated that asset attachments will have no impact on business operations, employees, shareholders, or stakeholders.
- Summons Date for Anil Ambani
- November 14
- Investigating Agencies
- Enforcement Directorate (ED), Central Bureau of Investigation (CBI)
- Case Type
- Money Laundering, Bank Fraud, Loan Default
- Alleged Fraud Amount (RCom/SBI)
- ₹2,929.05 crore (as per 2018 figures)
- Total Alleged Irregularities/Diversions (Broader Probe)
- Over ₹17,000 crore
- Total Attached Assets
- ₹7,500 crore
- Previous Questioning of Anil Ambani
- August (approx. 10 hours)
Sources
MCA hands Anil Ambani's Reliance Group case to Serious Fraud Investigation Office as probe deepens
ED Summons Anil Ambani to Depose on Nov 14
Money laundering case: ED summons Anil Ambani again on Nov 14
ED summons Anil Ambani for the second time in money laundering case
ED summons Reliance Group chairman Anil Ambani to depose on November 14 in money laundering case - Telegraph India
ED summons Anil Ambani for questioning again in money laundering case on Nov 14
After PMLA, FEMA Probe, Fresh Case Filed Against Anil Ambani
ED Summons Reliance ADAG Group Chairman, Anil Ambani On November 14 For Questioning In Money Laundering Case
RInfra shares extend fall, hit new 52 week low as ED summons Anil Ambani
