Yes Bank crisis: Anil Ambani appears before ED in Mumbai

Yes Bank crisis: Anil Ambani appears before ED in Mumbai

NEW DELHI [Maha Media]: Reliance Group Chairman Anil Ambani today appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others.

The officials said that the agency is expected to record the statement of Ambani under the Prevention of Money Laundering Act (PMLA). Anil Ambani's nine group companies are stated to have taken loans of about 12,800 crore rupees from the bank that reportedly were under stress.
 

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