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Anil Ambani appears before ED in connection with Yes Bank case

PTI
Updated: March 19th, 2020, 11:06 IST
in Business, Top Stories
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Mumbai: Reliance Group Chairman Anil Ambani Thursday appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said.

The agency is expected to record the statement of the 60-year-old Ambani under the Prevention of Money Laundering Act (PMLA).

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Ambani’s nine group companies are stated to have taken loans of about Rs 12,800 crore from the bank that reportedly were under ‘stress’.

PTI

Tags: Anil AmbaniEDmoney launderingRana KapoorRelianceYes Bank
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