Anil Ambani, the chairman of Reliance ADAG Group, again missed a summons from India’s Enforcement Directorate (ED) this week. The ED asked him to appear at its Delhi office for a questions‑and‑answers session about a FEMA probe that began after a 2010 Jaipur‑Reengus highway project was linked to strange money movements.
Ambani had already skipped a second‑day interrogation on Friday after the ED refused his request for a virtual hearing. He sent a new email asking the agency to let him record his statement online, but the ED stuck to its decision to have him attend in person on Monday, November 17.
According to ED officials, the probe is looking into about ₹40 crore allegedly siphoned from a highway contract that went to a Reliance Infra subsidiary. The money is believed to have been funneled abroad through Surat‑based shell companies and sent to Dubai. Investigators also suspect that the case ties into a larger international hawala network that could be worth more than ₹600 crore.
In a statement, a Reliance spokesperson said Ambani was willing to give his statement via video whenever the ED chose. The spokesperson added that Ambani was never part of the day‑to‑day team at Reliance Infrastructure, where he served only as a non‑executive director from 2007 to 2022.
The highway itself has been operated by the National Highways Authority of India (NHAI) for more than four years. The project was fully domestic, with no foreign‑exchange component, the spokesperson noted.
Ambani’s case comes on the heels of a tough nine‑hour questioning he endured at ED headquarters last August about a controversial ₹17,000‑crore loan fraud. The ED is also processing other major cases, including the provisional attachment of over 132 acres of land worth ₹4.46 billion in Dhirubhai Ambani Knowledge City, Navi Mumbai, under the Prevention of Money Laundering Act. In total, the agency has seized more than ₹7.5 billion across several financial‑crime investigations involving Reliance Communications, Reliance Commercial Finance and Reliance Home Finance.
These actions reflect the ED’s broader crackdown on money laundering, loan fraud and corruption involving big Indian firms. The investigation was launched under the CBI’s First Information Report, covering sections 120‑B, 406 and 420 of the Indian Penal Code and sections 13(2) and 13(1)(d) of the Prevention of Corruption Act.
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