ED Cracks Down on Anil Ambani’s Mumbai Empire After ‘Fraud’ Tag by SBI
Raids sweep across 35 premises, 50 firms, as probe alleges ₹3,000 crore loan scandal and ‘deliberate deception’ Anil Ambani’s once high-flying business empire has come under fresh fire. On Thursday, July 24, officials from India’s Enforcement Directorate (ED) fanned out across Mumbai, launching coordinated raids on more than 35 locations linked to the embattled tycoon. The search operations follow a major red flag raised by State Bank of India, which…