Reliance Group Chairman Anil Ambani, who is facing action by ED and CBI in different loan fraud cases, has also been declared a fraud by Bank of Baroda.
Anil Ambani was set to appear for questioning at the Enforcement Directorate (ED) headquarters in New Delhi on Tuesday in the alleged Rs 17,000-crore loan fraud case.
New Delhi: Enforcement Directorate has made its first arrest in a money laundering case against industrialist Anil Ambani, on Saturday. Reports reaching The Savera Times said that Managing Director of Biswal Tradelink Pvt. Ltd. (BTPL), Partha Sarathi Biswal, was taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. Earlier.
