ED searches multiple sites linked to Anil Ambani’s Reliance Power

The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad linked to Reliance Power as part of a bank fraud and money laundering probe. The investigation also involves suspected financial irregularities under the Foreign Exchange Management Act, with Anil Ambani having been questioned twice previously.

By TOI NEWS DESK

Probe Agency Raids Locations Connected To Reliance Power In Mumbai, Hyderabad

The Enforcement Directorate on Friday conducted searches at multiple locations in Mumbai and Hyderabad as part of an investigation against Reliance Power Ltd., a group company of businessman Anil Ambani, officials said.