Reliance Group chairman Anil Ambani appears before ED in money laundering case #Anil_Ambani #Reliance_Group #Group_chairman #chairman_Anil #laundering_case
Tina Ambani skips ED summons, 2nd in a month Tina Ambani, wife of Anil Ambani, missed her second Enforcement Directorate summons regarding a money laundering probe. Her husband, Anil Ambani, is also under investigation for a Rs 40,000 crore laundering case. The ED is seeking international cooperation to trace alleged illicit funds, having already conducted numerous searches and attached significant assets. #Anil_Ambani #money_laundering #Enforcement_Directorate #laundering_probe #Tina_Ambani #Directorate_summons #month_Tina #Ambani_skips #Ambani #Tina
ED summons Anil, Tina in Rs 40,000cr bank fraud case The ED has issued fresh summonses to Anil Ambani and his wife Tina for questioning next week in connection with an alleged Rs 40,000 crore money laundering probe. The agency has already attached Rs 12,000 crore worth of assets. Tina Ambani's questioning is related to the purchase of a Manhattan apartment using alleged proceeds of crime. #Anil_Ambani #money_laundering #summons_Anil #bank_fraud #laundering_probe #fraud_case #issued_fresh #fresh_summonses #Anil #crore_money
ED forms SIT to probe Anil Ambani, summons wife The Enforcement Directorate has formed a special investigation team to probe alleged money laundering of Rs 40,000 crore against Anil Ambani and Reliance Group companies, following a Supreme Court directive. The probe includes investigating a Rs 70 crore Manhattan apartment purchase, with Tina Ambani potentially being summoned again. #Supreme_Court #Court_directive #Anil_Ambani #Enforcement_Directorate #Reliance_Group #Group_companies #forms_SIT #summons_wife #probe_Anil #special_investigation
SC flags undervaluation, sham auctions under IBC, seeks probe Senior advocate Mukul Rohatgi, appearing for Anil Ambani group, said such a sale was a public process, whether the buyer was a brother or anyone else. But the CJI-led bench said, “Unfortunately, IBC proceedings are misused nowadays. The assets of a company in debt are undervalued. Then it is put on a sham auction and, in a planned manner, a family member or a friend buys it.” #Anil_Ambani #Mukul_Rohatgi #Ambani_group #probe_Senior #Senior_advocate #advocate_Mukul #flags_undervaluation #seeks_probe #public_process #IBC_proceedings
Anil Ambani undertakes not to leave country pending CBI-ED probes When the bench told solicitor general Tushar Mehta, who was representing both CBI and ED, to take preventive steps to ensure that investigation into the alleged fraud was not impeded, Mehta said that there was a look out circular (LOC) against Ambani, indicating that any attempt to flee the country would be foiled at the airport. #Tushar_Mehta #general_Tushar #solicitor_general #Anil_Ambani #pending_CBI-ED #CBI-ED_probes #Ambani_undertakes #bench_told #told_solicitor #preventive_steps
SC asks CBI, ED to conduct fair, prompt probes against ADAG, firms in banking fraud cases The Supreme Court has ordered the CBI and ED to conduct a swift and impartial investigation into alleged massive financial fraud involving the Anil Dhirubhai Ambani Group and Anil Ambani. Fresh status reports are due in four weeks. #Supreme_Court #Anil_Dhirubhai #Dhirubhai_Ambani #Ambani_Group #Anil_Ambani #conduct_fair #prompt_probes #impartial_investigation #alleged_massive #massive_financial
