new Delhi. Anil Ambani, head of Reliance Group's Anil Dhirubhai Ambani Group, appeared earlier than the Enforcement Directorate (ED) on Thursday in reference to an investigation into the cash laundering case in opposition to Yes Bank promoter Rana Kapoor and others. The ED will file Anil Ambani's assertion beneath the Prevention of Money Laundering Act (PMLA). Anil Ambani reached the ED's Ballard Estate at round 9:30 AM.
Nine group firms of Anil Ambani had taken a mortgage of about Rs 12,800 crore from Yes Bank, which isn’t coming again. Finance Minister Nirmala Sitharaman had mentioned on March 6 that Anil Ambani, the group, Essel, ILFS, DHFL and Vodafone have been among the many harassed corporates who got loans by Yes Bank. <! –
Anil Ambani was first referred to as for questioning on Monday, however sought exemption from attendance on a person foundation. The ED then issued him a contemporary summons to seem on 19 March.
The Reserve Bank had earlier this month banned Yes Bank and set a withdrawal restrict of Rs 50,000 for depositors, following which the investigating company has initiated motion in opposition to Kapoor, his household and others. Yes Bank's regular banking operations for purchasers resumed on Wednesday. The ED accused Kapoor, his relations and others that he allegedly benefited in return for a big mortgage given by the financial institution and these loans have been later became non-performing belongings (NPAs).
Let us know that the promoter of Essel Group Subhash Chandra didn’t seem earlier than the company on Wednesday, saying that the Parliament session was happening and Jet Airways founder Naresh Goyal didn’t go away citing sickness of a member of the family. Chandra is a Member of Parliament. When Chandra acquired summons this week, he had mentioned that he would cooperate within the investigation.