The ED has issued a new summons to Anil Ambani, requiring him to appear before the ED on November 17. It is being reported that the ED may take action under FEMA.

Anil Ambani's troubles could increase! ED issues fresh summons in FEMA case; learn what the matter is.

Anil Ambani FEMA Case: The Enforcement Directorate (ED) has denied permission for Anil Ambani's virtual appearance before the country's renowned businessman. Consequently, Anil Ambani did not appear before the ED on Friday, November 14. The ED has issued a new summons to Anil Ambani.

Under this, Anil Ambani will have to appear before the Enforcement Directorate (ED) on November 17th. The ED is reportedly seeking action against Anil Ambani under the Foreign Exchange Management Act (FEMA). He was summoned to appear at its Delhi headquarters on November 14th.

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What is this matter?

PTI sources have revealed that this investigation is related to the Jaipur-Ringas Highway project. The ED suspects that approximately ₹100 crore was transferred abroad through hawala transactions related to this project. The agency has already questioned several hawala dealers and related individuals in this regard.

Following this, Anil Ambani has been summoned. Ambani's spokesperson has stated that he will fully cooperate with the investigation.

ED attaches assets worth Rs 7,500 crore.

Recently, assets worth approximately ₹7,500 crore belonging to Ambani and his companies were seized under the Prevention of Money Laundering Act. The ED has reported that irregularities worth approximately ₹40 crore have been detected in the Jaipur-Ringas Highway project, and action has been taken under FEMA.

The ED further stated that this money was transferred to Dubai through shell companies based in Surat. This exposed a large international hawala network worth over ₹600 crore.

ED is continuously taking action.

Recently, the Enforcement Directorate (ED) has taken action against companies linked to Anil Ambani. An investigation is underway into Reliance Power Company's alleged fraudulent bank guarantee of ₹68 crore. Three arrests have been made so far during the investigation.