Anil Ambani Appears Before ED In Yes Bank Case:- Anil Ambani has been facing allegations of money laundering in the Yes Bank case and the Enforcement Directorate officials asked Anil Ambani to attend before them for investigation. Anil Ambani today appeared before ED in Mumbai in connection with a money-laundering probe against Yes Bank Chairman Rana Kapoor and others. Anil Ambani is being questioned about the loans he took from Yes Bank on which the RBI imposed moratorium recently.

Enforcement Directorate is recording the statement of Anil Ambani currently. Nine companies owned by Anil Ambani are said to have taken loans of Rs 12,800 crores from Yes Bank. Anil Ambani's statement would be recorded under the Prevention of Money Laundering Act (PMLA). Yes Bank is under huge financial stress after which RBI took the responsibility. SBI stepped out to buy a 49% stake in Yes Bank. The private bank lent loans to several companies which ended up without repaying the loans.