ED raids on Anil Ambani group of companies continue on day 3; Reliance Infra and Power deny business link to RCom

The Enforcement Directorate raid on the companies of the Reliance Group Chairman Anil Ambani in Mumbai continued for the third day on Saturday. According to PTI, the ED has so far recovered multiple documents and computer peripherals from different locations.

The raids were launched on July 24, allegedly for money laundering case-linked to Rs 3,000 crore worth of bank loan, with other allegations of financial irregularities with crores of rupees by certain companies.

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