New Delhi: The Enforcement Directorate (ED) on Thursday discovered an ongoing money laundering investigation in the premises of industrialist Anil Ambani.Sources told TOI that the case included alleged laundering of about Rs 3,000 crore as a loan from Yes Bank between 2017 and 2019. The ED investigation is based on the CBI FIR in the Yes Bank case and the firm under the Center – Reliance Anil Ambani Group around the financial behavior of raga companies.
“Initial inquiry by ED has planned and thought well after the removal of public funds by cheating banks, shareholders, investors and other public institutions. The crime of bribing bank officials, including the promoter of Yes Banks Limited, is also subject to scanner,” said TOI.“Initial investigation shows that yes the bank (period 2017 to 2019) reveals an illegal loan turn of about Rs 3000 crore. Ed has found that just before providing the loan, Yes Bank Promoters received money in their concerns. Ed is investigating this Nexus and loans and loans,” the sources said.According to officials, several agencies including National Housing Bank, SEBI, National Financial Reporting Authority (NFRA) and Bank of Baroda have shared relevant information with ED.
