Mumbai, July 3: Reliance ADA Group Chairman Anil Ambani on Monday appeared before the Enforcement Directorate (ED) here in connection with an investigation linked to the alleged contravention of the foreign exchange law, official sources said. FEMA Case Against BBC India: ED Files Case Against British Broadcasting Corporation for Irregularities in Foreign Funds.
Ambani, 64, deposed at the office of the federal agency in the Ballard Estate area to record his statement in the case, registered under various sections of the Foreign Exchange Management Act (FEMA), they said. BYJU’s Three Offices Raided Over FEMA Violations; ED Claims It Remitted Rs 9754 Crore to Foreign Jurisdictions.
Anil Ambani Appears Before ED in FEMA Case:
#WATCH | Industrialist Anil Ambani appeared before Enforcement Directorate in Mumbai today, in connection with a FEMA case pic.twitter.com/OeIo4u7WCa
— ANI (@ANI) July 3, 2023
Further details of the case in which Ambani was summoned were not immediately known. The industrialist had appeared before the ED in 2020 in a money laundering case against Yes Bank promoter Rana Kapoor and others.