ED issues fresh summons to Anil and Tina Ambani in money laundering case

The Enforcement Directorate ED has issued new summons to Reliance Group chairman Anil Ambani and his wife former actor Tina Ambani directing them to appear for questioning in a money laundering case next week officials said on TuesdayTina Ambani 68 had been scheduled to depose on Monday but failed to appear She is now expected to appear on February 17 with Anil Ambani 66 set to follow on February 18 Their statements will be recorded under the Prevention of Money Laundering Act PMLA officials said reported news agency PTIA response from the Reliance Group regarding these summons is awaitedAnil Ambani was questioned by the ED last year as part of investigations linked to multiple Reliance Group companies and their bank loans Tina Ambani has been called for questioning concerning a money trail linked to the purchase of a luxury condominium in Manhattan New YorkAccording to PTI the ED had recently arrested former RCOM Reliance Communication president Punit Garg in connection with this caseThe New York property was reportedly ldquofraudulentlyrdquo sold in 2023 during the corporate insolvency resolution process CIRP of RCOM by Garg the ED stated earlier RCOM informed the stock exchange about this ldquofraudulentrdquo sale in 2025ldquoThe sale proceeds of USD 83 million approximately Rs 6955 crore in 2023 were remitted from the USA under the guise of a sham investment arrangement with a Dubaibased entity controlled by a Pakistanlinked individual without the knowledge or consent of the Resolution Professional RPrdquo the agency claimed reported PTIThe ED recently constituted a special investigation team SIT to probe multiple cases of alleged bank fraud and related financial irregularities against the Anil Dhirubhai Ambani Group ADAG following directions from the Supreme CourtThe agency has attached assets worth Rs 12000 crore as part of this probe and has filed three complaints called Enforcement Case Information Reports ECIRs against Reliance Group companiesED attaches assets valued at Rs 1885 crore of Anil Ambani GroupEarlier in January the ED provisionally attached assets worth Rs 1885 crore belonging to Anil Ambanis Reliance Group including immovable properties bank balances receivables and shareholding in unquoted investments according to an agency statementThe attachments pertain to cases involving Reliance Home Finance Ltd RFHL Reliance Commercial Finance Ltd RCFL the Yes Bank fraud case and the Reliance Communication Ltd RCOM bank fraud case the statement addedThe attached assets include Reliance Infrastructure Ltdrsquos shareholding in BSES Yamuna Power Ltd BSES Rajdhani Power Ltd and Mumbai Metro One Private LtdAdditionally a bank balance of Rs 148 crore and receivables worth Rs 143 crore have been provisionally attached in the hands of Ms Value Corp Finance and Securities Ltd A residential house in the name of Angarai Sethuraman and sharesmutual funds in the name of Puneet Garg both senior employees of the Reliance Group have also been provisionally attached the statement saidWith PTI inputs