{"id":7422,"date":"2025-07-25T10:30:39","date_gmt":"2025-07-25T10:30:39","guid":{"rendered":"http:\/\/newsofbharath.com\/?p=7422"},"modified":"2025-07-25T10:30:40","modified_gmt":"2025-07-25T10:30:40","slug":"ed-searches-in-anil-ambanis-companies","status":"publish","type":"post","link":"https:\/\/newsofbharath.com\/?p=7422","title":{"rendered":"ED searches in Anil Ambani’s companies"},"content":{"rendered":"
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NOB_ED cases on Anil Ambani<\/figcaption><\/figure>\n<\/div>\n\n\n

NOB- Bharat news: <\/strong>ED officials conducted searches in companies belonging to prominent industrialist Anil Ambani on 24.07.2025 evening. Raids were conducted in 35 areas and more than 50 companies in Mumbai and Delhi. Searches were also conducted at the homes of 25 people. The ED conducted searches under Section 17 of the Prevention of Money Laundering Act. The ED alleges that Rs. 3,000 crore was diverted from Yes Bank between 2017 and 2019.The raids were conducted based on two FIRs registered by the CBI as well as information received from SEBI, National Housing Bank, Bank of Baroda and National Financial Reporting Authority. The ED’s preliminary investigation revealed serious violations in the process of Yes Bank’s loans.The irregularities include lending to financially weak companies, lack of proper documentation, multiple companies with the same address, diversion of funds to shell companies, and loan evergreening.SEBI has come to the notice of Reliance Home Finance Limited, which had a corporate loan of Rs 3,742 crore in 2018, which has increased to Rs. 8,670 crore in 2019. The ED suspects that these loans were preceded by the transfer of funds to the accounts of Yes Bank promoters.The ED suspects that this was done under a quid pro quo agreement. Analysts believe that the further developments in the investigation may have a significant impact on the Reliance Group.<\/p>\n","protected":false},"excerpt":{"rendered":"

NOB- Bharat news: ED officials conducted searches in companies belonging to prominent industrialist Anil Ambani on 24.07.2025 evening. Raids were conducted in 35 areas and more than 50 companies in Mumbai and Delhi. Searches were also conducted at the homes of 25 people. The ED conducted searches under Section 17 of the Prevention of Money […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[4],"tags":[86,85,9645,35,381,334,421,34,362,6401],"class_list":["post-7422","post","type-post","status-publish","format-standard","hentry","category-news","tag-barat-news","tag-bharath-news","tag-ed-cases-on-anil-ambani","tag-news-of-bharath","tag-news-of-india","tag-newsofbarath-com","tag-newsofbharath","tag-newsofbharath-com","tag-newsofbharath-coom","tag-sebi"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t