ED Raids Anil Ambani-Linked Premises in ₹3,000 Crore Loan Fraud

The Enforcement Directorate (ED) is investigating Anil Ambani and his companies for a potential ₹3,000 crore loan fraud.

The ED is looking into whether Anil Ambani's companies got loans from Yes Bank, and if there was any bribery involved.

The investigation began after the CBI filed reports in 2022.

Officials are also checking if the money was used for other things rather than what it was borrowed for.

The ED believes that there was a plan to divert the money.

Several premises were raided, but Reliance Power and Reliance Infrastructure stated that they were not affected by the case.