The investigation into the alleged Rs 40,000 crore bank fraud RCOM case has intensified as Anil Ambani faced extensive questioning by the Enforcement Directorate. The interrogation is part of a major Enforcement Directorate Anil Ambani probe involving allegations of financial irregularities and money laundering linked to Reliance Communications.

According to officials, the ED questioned the businessman for more than nine hours in New Delhi as part of the ongoing RCOM fraud case latest news developments. The questioning took place during the second round of interrogation in the investigation, which focuses on suspected loan fraud and diversion of funds.

Authorities confirmed that Ambani has also been summoned again for another round of questioning related to a separate Yes Bank loan fraud Anil Ambani case.

Nine Hours of Interrogation by ED

The latest Anil Ambani ED questioning news indicates that the industrialist arrived at the ED office in central Delhi around 10:30 in the morning. The interrogation continued for most of the day and concluded close to 8:20 in the evening.

Officials said that the agency recorded his statement under provisions of the Prevention of Money Laundering Act. The questioning focused on financial transactions, company operations and alleged diversion of loan funds through various channels.

The ED is examining multiple financial documents and transactions related to the Reliance Communications fraud investigation India.

Alleged Rs 40,000 Crore Bank Fraud

The investigation centres on allegations that loans worth more than Rs 40,000 crore taken by Reliance Communications were diverted through a complex network of companies.

According to investigators, these funds were allegedly transferred through multiple subsidiaries and offshore entities associated with the company.

Officials claim that the suspected diversion of funds forms the basis of the ongoing ED money laundering probe India.

Authorities are examining whether the funds were routed through international financial channels and shell companies before being redirected to other entities.

This aspect of the investigation has become a key focus of the Indian corporate fraud investigation news.

Special Investigation Team Formed

Due to the scale of the alleged financial irregularities, a special investigation team was reportedly formed by the Enforcement Directorate.

The move followed directions from the Supreme Court of India, which has been monitoring aspects of the investigation.

The formation of the special team reflects the seriousness of the RCOM fraud case latest news, as authorities attempt to trace financial transactions spanning several years.

Officials are analysing corporate records, loan agreements and financial statements to determine whether fraud and money laundering took place.

Earlier Questioning in 2025

The ED had previously questioned Anil Ambani in August 2025 in connection with the Yes Bank loan fraud Anil Ambani case.

The current round of questioning is linked to additional evidence gathered by investigators since then.

Officials indicated that the agency wants to clarify financial transactions related to multiple companies connected to the businessman.

The investigation continues to expand as new details emerge in the Anil Ambani investigation latest news.

Arrest of Former RCOM Executive

In January, the Enforcement Directorate arrested Punit Garg, the former president of Reliance Communications.

The arrest was made as part of the ongoing probe into alleged loan fraud and financial irregularities.

Authorities believe that senior executives of the company may have played a role in the alleged diversion of funds.

The arrest added a significant development to the Reliance Communications fraud investigation India.

ED Attaches Ambani’s Mumbai Residence

In another major development, the ED attached a high-value property linked to Anil Ambani.

The property, named Abode, is located in Mumbai and is valued at approximately Rs 3,716 crore.

The attachment was carried out under the provisions of the Prevention of Money Laundering Act.

Officials said that the action was taken as part of the broader ED money laundering probe India involving financial irregularities within the Anil Dhirubhai Ambani Group.

Property attachment is a common step used by investigative agencies when assets are suspected to be linked to proceeds of crime.

Multiple Money Laundering Cases Filed

The Enforcement Directorate has reportedly filed three separate money laundering cases against companies linked to the Anil Dhirubhai Ambani Group.

These cases relate to allegations of bank loan fraud, financial mismanagement and diversion of funds.

Investigators are examining the role of several corporate entities in the alleged transactions.

The multiple cases have made the Anil Ambani investigation latest news one of the biggest corporate fraud probes currently underway in India.

CBI Registers Fresh Case

In parallel to the ED investigation, the Central Bureau of Investigation has also taken action.

The CBI registered a fresh case against Anil Ambani and Reliance Communications related to alleged fraud involving Bank of Baroda.

According to investigators, the alleged fraud occurred between 2013 and 2017.

The case involves accusations that the bank suffered a wrongful loss of more than Rs 2,220 crore due to fraudulent transactions.

This development has further intensified the CBI case against RCOM Bank of Baroda fraud.

Searches Conducted by CBI

Following the registration of the case, the CBI conducted searches at several locations linked to the businessman.

These searches included residential and office premises connected to Reliance Communications.

Investigators reportedly seized documents and electronic evidence during the searches.

The collected evidence is expected to play a significant role in the ongoing Indian corporate fraud investigation news.

Impact on Corporate Sector

The investigation into Reliance Communications has attracted widespread attention within India’s corporate and financial sectors.

The company was once among the leading telecom operators in the country before facing severe financial challenges.

Mounting debt, intense competition in the telecom industry and regulatory issues eventually pushed the company toward insolvency proceedings.

The RCOM fraud case latest news has therefore become closely linked with broader discussions about corporate governance and financial accountability.

Legal and Financial Implications

If the allegations are proven in court, the case could have significant legal and financial consequences.

Authorities may initiate further action under anti-money laundering laws and banking regulations.

The investigation could also lead to recovery proceedings by banks that suffered financial losses.

Financial experts note that the outcome of the case could set important precedents for handling large-scale corporate fraud investigations.

Growing Focus on Financial Accountability

The ED money laundering probe India highlights the increasing focus of investigative agencies on financial accountability and transparency.

In recent years, authorities have intensified efforts to investigate corporate fraud and recover funds lost through financial irregularities.

Large-scale investigations such as the Reliance Communications fraud investigation India demonstrate the government’s efforts to address banking sector fraud.

What Happens Next

For now, the investigation remains ongoing.

Anil Ambani is expected to appear again before the Enforcement Directorate for further questioning related to the Yes Bank loan fraud Anil Ambani case.

Authorities are continuing to analyse financial documents and evidence collected during the investigation.

The developments in the Anil Ambani ED questioning news, along with the CBI case against RCOM Bank of Baroda fraud, suggest that the probe could continue for several months.

Conclusion

The latest developments in the RCOM fraud case latest news have placed the spotlight once again on one of India’s most prominent industrialists.

With the Enforcement Directorate Anil Ambani probe, property attachments, and parallel investigations by the Central Bureau of Investigation, the case has evolved into a major Indian corporate fraud investigation news story.

As investigators continue to examine the alleged Rs 40,000 crore bank fraud RCOM case, the outcome of the probe will be closely watched by regulators, financial institutions and the corporate world.

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