Anil Ambani faces LoC in ED’s Rs 17,000-crore loan fraud probe
- Posted on August 1, 2025
- By Business News Today
- 1 Views
Anil Ambani faces LoC in ED’s Rs 17,000-crore loan fraud probe
Anil Ambani, chairman of ADAG, faces a Look Out Circular issued by the Enforcement Directorate amid a ₹17,000-crore loan fraud investigation. This action follows ED searches last week at 35 locations in Mumbai linked to Reliance Group, encompassing 50 companies and 25 individuals under the PMLA.
