Daijiworld Media Network - Mumbai (SHP)
Mumbai, Mar 16: Amid the Yes Bank money laundering probe, the Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani. The ED has asked Ambani to be present on Monday at their office in Mumbai. This is because Ambani's group of companies are one among the big entities whose loans went bad after borrowing from crisis-hit Yes Bank. However, Ambani has requested an exemption on Monday, on health grounds.
Finance Minister Nirmala Sitharaman at a press conference on March 6 press stated that Anil Ambani Group, Essel, ILFS, DHFL and Vodafone were among the corporates Yes Bank had availed big loans to.
All the companies who have taken large loans will be summoned and questioned as the investigation progresses.
Ambani’s statement will be recorded under the Prevention of Money Laundering Act (PMLA) upon deposition, ED asserted.
Rana Kapoor (62), is currently in ED custody after he was arrested by the central probe agency early this month. The ED has accused Rana, his family members and others of laundering 'proceeds of crime' worth Rs 4,300 crore by receiving alleged kickbacks in lieu of extending big loans through their bank that later turned NPA.