ED Summons Anil Ambani on August 5 in FEMA Violation Probe

The Enforcement Directorate (ED) has summoned Anil Ambani for questioning on August 5 in connection with a ₹17,000 crore loan fraud and money laundering case. ED recently searched 35 locations linked to Reliance Group. A Sebi report alleges that Reliance Infrastructure diverted ₹10,000 crore through undisclosed transactions with CLE Pvt Ltd, bypassing required shareholder disclosures. The company denies the figures, claiming a ₹6,500 crore exposure already disclosed and under recovery via court-led mediation. Sebi accuses R Infra of masking related-party dealings, misleading regulators and investors. Anil Ambani, with significant control until 2022, is said to have influenced key financial decisions.