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The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning on August 5 in a money laundering case linked to an alleged bank loan fraud worth crores of rupees against his group companies, official sources said .
The federal probe agency has also notified a Look Out Circular (LOC) against the 66-year-old businessman to stop him from travelling abroad, the sources said.
He has been asked to depose at the ED headquarters in Delhi on August 5 as the case has been registered here , reported PTI.
According to the sources, the agency will record his statement under the Prevention of Money Laundering Act (PMLA) once he deposes
Some executives of Ambani’s group companies have been also been summoned over the next few days.
The summons come after the federal agency conducted searches at 35 premises of 50 companies and 25 people, including executives of his business group, last week. The searches, launched on July 24, went on for three days.
