ED issues Look Out Circular against Anil Ambani in Rs 17,000 crore bank loan fraud case

Sources, Executive Director (ED), industrialist Anil Ambani’ye 17.000 RS Credit Credit Credit Case in connection with an ongoing investigation of a circular out (Loc), he said.
Loc is given to prevent a person from separating from the country while the probe continues. ED has not yet published an official statement on the subject.

ED’s move comes after the agency calls Anil Ambani to question the case, and on August 5, he directs him to appear before the researchers in the Ed center in Delhi.

The probe concerns suspicious financial irregularities and possible violations within the scope of the Land Latering Law (PMLA).

The agency examines the role of various assets and individuals connected to the case, and Ambani’s statement is expected to play an important role in the investigation.

The movement comes almost a week after ED’s 35 facilities, in 50 companies and more than 25 people to start a search operation against the money laundering case against the Reliance Anil Ambani Group (RAAGA). Raids were held on 24 July. After the first information report by the Central Investigation Bureau by ED, the Action watched an investigation initiated by RAAGA companies under the crime of money laundering.

According to the authorities, ED’s investigations are based on information shared with the agency by other institutions and institutions such as National Housing Bank, SEBI, National Financial Reporting Authority (NFRA) and Bank of Bar Association.

“The preliminary investigation by ED revealed a well -planned and thought -out plan to direct public money by cheating on banks, shareholders and other public institutions.

The preliminary investigation reveals about 3,000 RS from Yes Bank (2017-20. Period).

Last week, the trust force and trust infrastructure said Ed Probus was allegedly bound by the Reliance Anil Ambani Group (RAAGA) companies.

Two Anil Ambani group company issued two different independent expressions on Thursday.
“Reliance power, business operations, financial performance, shareholders, employees or other stakeholders have no effect on Reliance Power.”

“Trust infrastructure, business operations, financial performance, has no effect on shareholders, employees or other stakeholders,” he said.

(Except the title, this story was not arranged by DNA staff and published from the moment)