Anil Ambani clarifies ED summons linked to FEMA inquiry on Jaipur–Reengus highway project, not PMLA allegations

On Friday, Anil Ambani clarified that the ED summons were not related to allegations under PMLA but to FEMA investigation into a 15-year-old case linked to the Jaipur-Reengus (JR) Expressway project.

According to a statement issued on behalf of Anil Ambani, “The ED summons issued to Mr. Anil D. Ambani, contrary to false reports in the media, relate to a FEMA investigation and not to any matter under the PMLA. According to ED’s official press release dated November 3, 2025, the matter relates to a FEMA case related to the Jaipur-Reengus highway project.”

What’s the problem about?

According to the statement, the issue stemmed from a dispute involving a road contractor in 2010. That year, Reliance Infrastructure Ltd signed an EPC contract for the construction of the Jaipur Ring Road (also known as the Jaipur-Reengus Expressway). This was a completely domestic project and no foreign currency was involved. JR Toll Road is fully completed and is managed by the National Highways Authority of India (NHAI) since 2021.

ED’s press release on November 3 said: “A separate search and seizure operation under FEMA was found in the case of Reliance Infrastructure Ltd. ₹40 crore has been withdrawn from the Jaipur-Reengus highway project. The funds were moved to Dubai through shell companies based in Surat. The trail revealed a wider international hawala network. ₹600 crore.”

The statement stated that Anil Ambani was not a member of the board of directors of Reliance Infrastructure and served only as a non-executive director without participating in day-to-day management from April 2007 to March 2022.

“Mr. Anil D. Ambani is not a member of the Board of Directors of Reliance Infrastructure. He served in the company only as a non-executive director for approximately fifteen years from April 2007 to March 2022 and was never involved in the day-to-day management of the company,” the statement said.