ED Issues Fresh Summons to Anil Ambani in FEMA Case
The Enforcement Directorate (ED) has issued a fresh summons to Reliance Group Chairman Anil Ambani, directing him to appear before the agency on Monday in a Foreign Exchange Management Act (FEMA) case.
Key Developments
- Ambani skipped the previous Friday summons despite offering virtual appearance
- The case involves alleged siphoning of funds from the Jaipur-Reengus highway project
- ED claims to have uncovered an international hawala network exceeding ₹600 crore
According to officials, the agency had earlier summoned Ambani to depose on Friday, but the businessman did not appear. A spokesperson for Ambani stated that he had offered to appear through virtual means and assured full cooperation in all matters.
The ED, however, has now issued a fresh summons requiring his physical presence at their office on Monday.
Jaipur-Reengus Highway Project Investigation
The case pertains to the Jaipur-Reengus highway project where the ED alleges significant financial irregularities. After attaching assets worth ₹7,500 crore belonging to Ambani and his companies under anti-money laundering laws, the agency conducted searches against Reliance Infrastructure.
These searches revealed that approximately ₹40 crore was allegedly siphoned from the highway project. The ED stated that funds were moved through Surat-based shell companies to Dubai, uncovering a wider international hawala network exceeding ₹600 crore.
