ED raids multiple premises in Rs 3,000+ crore loan ‘fraud’ case against Anil Ambani group of companies, Yes Bank
Mumbai: The Enforcement Directorate on Thursday conducted multiple raids as part of an alleged Rs 3,000 crore worth bank loan fraud linked money laundering case against the companies of Reliance Group chairman Anil Ambani, official sources said.
More than 35 premises in Mumbai belonging to 50 companies and 25 persons are being searched under the Prevention of Money Laundering Act (PMLA), they said.
The investigation is being carried out by a Delhi-based investigation unit of the ED.
