In today’s briefing:
- All You Need to Know About Anil Ambani’s 17000Cr Loan Fraud Case
All You Need to Know About Anil Ambani’s 17000Cr Loan Fraud Case
- Anil Ambani is being investigated by the ED for a massive INR 17,000 crore loan fraud case involving Reliance Group companies.
- The case centers on allegations of fund diversion and financial irregularities related to loans from a consortium of nearly 20 public and private banks.
- The investigation is being conducted under the PMLA, which involves even arrest and a parallel probe by SEBI into alleged fund diversion by Reliance Infrastructure.
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