Bank loan fraud case: Reliance Group Chairman Anil Ambani’s troubles are constantly increasing. In the bank fraud case of Rs 2,929 crore against Anil Ambani, Reliance Communications and others, the Enforcement Directorate (ED) has registered a new case in the money laundering case.

Anil Ambani trapped badly!

Officials say that this action taken by the ED is based on the CBI report filed last month. Significantly, the Central Investigation Agency (CBI) blamed Anil Ambani and Reliance Communications for the damage done to State Bank of India. In this case, the CBI also raided the locations of the chairman of Reliance Group.

It is worth noting that earlier the CBI had registered a bank fraud case of Rs 2,929 crore against Anil Ambani’s company Reliance Communications (RCom). After this, Anil Ambani issued a statement and rejected this charge completely. A spokesman for the company had said that he had been deliberately targeted. It was also claimed that the complaint lodged by SBI is related to the case of about ten years old.

What is the whole matter?

The statement issued by the company said that the time when this is the case, Anil Ambani was a non-executive director of RCom and did not have a direct connection with the functioning of the daily company. However, after the CBI action on the entire case, the Enforcement Directorate (ED) has started investigation on the basis of suspicion of money laundering.

Another important aspect in this case is that on Tuesday, the ED also questioned Amitabh Jhunjhunwala, who was close to Anil Ambani. Even before this, Jhunjhunwala’s name has been revealed during the investigation.

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Loan fraud case: Amidst the ongoing investigation of CBI and ED in the loan fraud case, the shares of two companies of Anil Ambani have fallen by about 19 percent in the last six business days. Today i.e. on 6 August 2025, the process of decline in the shares of Reliance Infrastructure and Reliance Power continued. On Wednesday, while Reliance Infra declined by 0.84 percent, Reliance Power’s stock fell to 0.88 percent.

Anil Ambani’s companies fell

Significantly, a day before in the loan fraud case, on Tuesday, the ED questioned Anil Ambani at his headquarters. Also, they have been given seven days time so that they can submit documents related to the questions asked during the investigation. According to reports, now other senior members of Reliance Group are also being questioned by ED.

On Tuesday, the ED questioned Anil Ambani for about 10 hours. According to news agency PTI, his statement was recorded under the Prevention of Money Laundering Act (PMLA). During this, about a dozen questions were asked to Anil Ambani. It is believed that during interrogation, he denied any disturbance. Also, Anil Ambani also said that his companies have informed the regulator SEBI from time to time.

What is the whole matter?

This action is related to the alleged financial irregularities by several companies of Anil Ambani, including Reliance Infrastructure (R Infra) and manipulation of the amount of collective loan of more than Rs 17,000 crore. The first charge is related to the misuse of the “illegal” loan of about Rs 3,000 crore given by Yes Bank to the companies of Ambani Group between 2017 and 2019. The ED suspects that just before the loan was given, the promoters of Yes Bank had “received” funds in their companies. The agency is investigating the “bribe” and the nexus of the loan in this entire network.

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Anil ambani loan fraud case: Reliance Group Chairman Anil Ambani was questioned by the Enforcement Directorate (ED) at his headquarters in Delhi on Tuesday. This case is related to bank loan diversion fraud worth crores of rupees. During this, he was questioned for about 10 hours. Now he has been called for questioning next week.

Anil Ambani asked for time

According to information received from sources, the ED questioned Anil Ambani about the loan given to Shell companies. He was asked whether he had given money to any political party or bribed an officer. During this, Anil Ambani did not answer any questions about fake transactions and loan frauds allegedly. Whereas the ED believes that loans were obtained by bribing senior officials of government and private banks. Anil Ambani has sought time to verify all these details.

Inquired videography

At 11 am on Tuesday morning, when Anil Ambani arrived for the ED office inquiries. No lawyer was present during the question and answer. Videography of this inquiry has also been done as the statements recorded under the Prevention of Money Laundering Act (PMLA) are presented as evidence in the court. According to sources, ED officials “were the loans diverted in fake companies?”, “Did the money be given to political parties?” And “Did you bribe an officer?” Like questions were asked.

Lookout notice issued to Anil Ambani

Before calling for questioning at the ED office on Tuesday, the investigating agency issued a lookout circular (LOC) against him in connection with the alleged loan fraud of Rs 3,000 crore associated with Yes Bank. During the investigation, a LOC is issued to prevent any person from leaving the country. LoCs are broadcast at all airports and ports, cautious to immigration officers that if a person tries to escape from India, he should be detained.

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Anil Ambani reached ED office, Rs 17000 crore will answer in loan fraud case

Anil ambani loan fraud case: The Enforcement Directorate (ED) has made the first arrest in the loan fraud case of Rs 3,000 crore associated with Anil Ambani’s Reliance Group. Partha Sarathi Biswal, managing director of Biswal Tradalink Private Limited, was detained on Friday. He is accused of depositing a fake bank guarantee of Rs 68.2 crore to Solar Energy Corporation of India (SECI), which was reportedly given by Reliance Power.

Now ED will interrogate till Wednesday

Biswall has been arrested under the Prevention of Money Laundering Act (PMLA), 2002. According to sources, after the arrest, he was produced in the special court, after which he was sent to the custody of ED till Wednesday.

According to the information given by the sources, Biswal Tradalink, established in 2019, submitted fake guarantee through fake documents and fake email confirmation. During the investigation, it was found that these emails were sent from a fake domain ‘S-bi.co.in’, which is very similar to the State Bank of India official domain ‘sbi.co.in’.

The company gets so much crores of rupees from Reliance Power

The Economic Offenses Branch of Delhi Police (EOW) first registered a case on the basis of these conclusions and then further investigated, it was found that Biswal Tradalink Private Limited had received Rs 5.40 crore from Reliance Power Limited instead of this fake bank guarantee. The ED also disclosed at least seven undisclosed bank accounts associated with the firm, as well as the use of fake directors and not following the compulsory record-keeping norms.

8 percent commission in lieu of fake bank guarantee

The arrest of Partha Sarathi Biswal was made between 2017 and 2019 after a deep investigation into the case of suspected rigging of 3000 crore suspected rigging given by Yes Bank to Reliance Group companies. The ED on Friday searched Biswal Tradalink Private Limited’s three premises in Bhubaneswar and a collaborative company at Kolkata. Sources in the investigating agency allege that this company used to submit fake bank guarantee in exchange for 8 percent commission.

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Fraud Loan Case: ED in action for third consecutive day, raids on Anil Ambani’s companies, documents-business seized