Loan fraud case: ED inquiry concludes, Anil Ambani requests a 7-day extension.
Introduction On Tuesday, the Enforcement Directorate (ED) concluded its questioning of Anil Ambani, the Chairman of Reliance Group, regarding a loan fraud case involving over ₹17,000 crores. This investigation highlights significant financial irregularities within the corporate financing landscape and raises concerns about regulatory oversight in India. The ED’s action includes issuing a lookout notice against ...