Bank fraud-linked money-laundering case: RCOM’s Anil Ambani appears before ED

Reliance Group chairman Anil Ambani on Thursday (February 26, 2026) appeared before the Enforcement Directorate (ED) in New Delhi for a second round of questioning in connection with an alleged bank fraud-linked money-laundering case.

The 66-year-old businessman entered the federal probe agency’s office in central Delhi at around 10.30 a.m.

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Officials in the agency said they will record his statement under the provisions of the Prevention of Money Laundering Act (PMLA). He was first questioned by the ED in August 2025.

The probe pertains to an alleged bank fraud, worth more than ₹40,000 crore, by his group company, Reliance Communications (RCOM).

Mr. Ambani and his multiple group companies are facing allegations of loan fraud, and the ED recently constituted a Special Investigation Team (SIT) to probe all these instances. The SIT was formed on the recent directions of the Supreme Court.

The ED on Wednesday (February 25, 2026) attached Ambani’s Mumbai house, ‘Abode’, worth ₹3,716 crore under the anti-money laundering law.

According to information furnished by the ED to the apex court, it has filed three money-laundering cases against the Anil Dhirubhai Ambani Group (ADAG) to investigate charges of bank loan fraud and other financial irregularities.