Rs 17,000cr loan ‘fraud’ case: ED grills Anil Ambani; why is the Reliance Group chairman under lens?

Anil Ambani faced questioning by the Enforcement Directorate in New Delhi concerning a significant loan fraud case involving ?17,000 crore. This action follows a Look Out Circular issued against him and a large-scale ED operation targeting Reliance Anil Ambani Group companies. The investigation is probing alleged financial irregularities and potential violations under the Prevention of Money Laundering Act.

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