ED grills Reliance Group executives in Rs 17,000 crore bank fraud case

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The Enforcement Directorate (ED) is investigating a ₹17,000 crore loan fraud case involving Anil Ambani's Reliance Group. The ED has questioned several senior executives and sought loan details from about 20 banks. Investigations suggest that Reliance Home Finance and Reliance Commercial Finance allegedly diverted funds to Reliance Infrastructure and Reliance Power.