The Enforcement Directorate (ED) has attached over 132 acres of land worth ₹4,462.81 crore at Dhirubhai Ambani Knowledge City, Navi Mumbai, under PMLA. The action is linked to bank fraud cases involving Reliance Communications and Anil Ambani-led companies.
RCom said that it has received a letter from Bank of Baroda on September 2, informing the decision to declare the loan accounts of the company and its promoter Anil Ambani as fraud.
The probe is about money laundering linked to the RAAGA (Reliance Anil Ambani Group) companies. The ED is also checking Yes Bank and the Anil Ambani group in connection with the alleged loan fraud.
SBI has put Anil Ambani’s company Reliance Communications’ loan account in the ‘fraud’ category. Now the bank is preparing to send a report to the Reserve Bank of India. This decision has been taken after the company’s violation of loan terms and financial irregularities.
Delhi LG VK Saxena has removed AAP spokesperson Jasmine Shah and AAP MP ND Gupta’s son, Naveen ND Gupta from the position of ‘Government Nominees’ on the Board of Private DISCOMS. Read further on Dynamite News:
Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday.
A UK court on Friday directed Reliance Group chairman Anil Ambani to pay USD 100 million towards a conditional order granted to three Chinese banks pursuing the recovery of over USD 680 million owed to them as part of a loan agreement.
Congress president Rahul Gandhi on Friday called NYAY scheme a surgical strike on poverty and allayed fears that the salaried middle class would have to foot the bill which he said would be entirely funded with the money that thieves like Anil Ambani have plundered with Narendra Modis help.
Two Supreme Court staffers have been arrested for allegedly posting wrong information on the apex court’s website related to a case.
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