Daijiworld Media Network – New Delhi

New Delhi, Feb 26: Anil Ambani, chairman of the Reliance Group, on Thursday appeared before the Enforcement Directorate (ED) here for a second round of questioning in connection with an alleged bank fraud-linked money laundering case.

The 66-year-old industrialist reached the federal agency’s office in central Delhi around 10.30 am. Officials said his statement will be recorded under the provisions of the Prevention of Money Laundering Act (PMLA). He was first questioned by the ED in August 2025.

The investigation pertains to an alleged bank fraud of over Rs 40,000 crore involving his group company, Reliance Communications (RCOM). Ambani and several of his group firms are facing allegations of loan fraud and financial irregularities.

Sources said the ED recently constituted a Special Investigation Team (SIT) to probe multiple instances related to the Anil Dhirubhai Ambani Group (ADAG). The SIT was formed following recent directions of the Supreme Court of India.

In a related development, the ED on Wednesday attached Ambani’s Mumbai residence, ‘Abode’, valued at Rs 3,716 crore, under the anti-money laundering law.

According to information submitted by the ED before the apex court, the agency has registered three money laundering cases against ADAG to investigate alleged bank loan fraud and other financial improprieties. Further investigation in the matter is underway.