How much debt is Anil Ambani in?

Welcome to Steinform in today's article, we will know about the action against Anil Ambani and the Rs 17,000 crore scam. Exposed by ED in more than 40 places. Action Against Anil AmbaniRs 3,000 Crore Loan From YES BankOver 50 Offices RaidedMisappropriation Of Public MoneyOver 40 FIRs FiledRead AlsoWhat Has Happened to Anil Ambani?Did Mukesh Help Anil Ambani?Is Anil Ambani Back in Business?Who Owns Ajio?Conclusions Action Against Anil Ambani First, we are going to talk about Anil Ambani's Reliance Group which has been exposed by ED in more than 40 places. Because it has about 50 companies. ED officials have questioned more than 25 companies. First, we are going to talk about Anil Ambani's Reliance Group which has been exposed by ED in more than 40 places. Because it has about 50 companies. ED officials have questioned more than 25 companies. Rs 3,000 Crore Loan From YES Bank It is said that Anil Ambani's Reliance Group has taken a loan of Rs 3,000 crore by bribing the promoters of Yes Bank. The CBI has already filed two FIRs in this regard. According to sources, Anil Ambani's foreign accounts and foreign assets may also be investigated. Over 50 Offices Raided ED was monitoring over 40 locations of Anil Ambani's Reliance Group in Mumbai. ED teams from Delhi and Mumbai conducted hours-long searches at over 50 offices of Anil Ambani's group in Mumbai in connection with the money laundering case. The ED also searched the offices of over 18 officials who worked with Anil Ambani. Reliance Chairman Amitabh Dhunjhunwala is among them. Misappropriation Of Public Money It is being said that companies linked to Anil Ambani were involved in a well-planned scheme to misappropriate public money, commit fraud and mislead financial institutions. It is being said that between 2017 and 2019, a loan fraud of Rs 3,000 crore was committed from Yes Bank. According to the allegations, the loan promoters of Yes Bank paid bribes to Reliance. Over 40 FIRs Filed On suspicion of Rs 3,000 crore loan fraud and money laundering, the ED has filed over 40 FIRs against companies and officials associated with Anil Ambani's Reliance Group. It is said that between 2017 and 2019, the ED has filed over 40 FIRs against companies and officials associated with Anil Ambani's Reliance Group. Reliance Chairman Amitabh Jhunjhunwala is also among them. It is said that between 2017 and 2019, a fraud was committed with the loan promoters of Yash Bank. It is said that between 2017 and 2019, a fraud was committed with the loan promoters of Yash Bank. Read Also It is said that between 2017 and 2019, this loan was misused. This loan was misused. Yash Bank received money before it received this loan. Therefore, somewhere or other, public money has been cheated where shareholders, investors, public institutions have suffered losses. This is related to the Rs 14,000 crore loan fraud of Reliance Communications Limited, this is the second allegation, and Canara Bank has committed a fraud of Rs 1050 crore. So, in both these allegations, the Enforcement Directorate is investigating. In this incident, the CBI has not yet taken up any case. Reliance Communications Limited has been charged with a loan fraud of over Rs 14,000 crore. Reliance Communications Limited It has been charged with a loan fraud of over Rs 1050 crore. The fraud has been initiated by the ED a few days after Reliance Communications Limited and its promoter Anil Ambani were formally declared a fraud as per the Reserve Bank's guidelines. Reliance Home Finance Limited is one of the main entities under investigation by the ED. What Has Happened to Anil Ambani?Ambani Group companies have been insolvent since 2017. Yes Bank, from which Anil Ambani Group companies borrowed heavily, was declared bankrupt in 2020.Did Mukesh Help Anil Ambani?Mukesh stepped in to help younger brother Anil pay off $80 million owed to a local unit of Ericsson AB and avoid a three-month jail sentence. On the same day, his Reliance Jio Infocomm Ltd and Anil's RCom terminated a 2017 deal that had helped save the latter from bankruptcy. 20 March 2019Is Anil Ambani Back in Business?Anil Ambani is preparing to return to business as Reliance Power and Reliance Infrastructure returned to profitability in FY25, winning key solar and defence projects, reducing debt and attracting investor confidence amid legal relief.Who Owns Ajio?AJIO is owned by Reliance Retail, a subsidiary of Reliance Industries Ltd. Reliance Retail is headed by Isha Ambani, and the e-commerce platform was launched in 2016 as part of Reliance Retail's digital commerce initiative. Conclusions One of the companies in the corporate world was Anil Ambani's Reliance. Now a scam of Rs 17,000 crore has been found against that company. ED raids over 40 places, FIRs filed against many employees working with Anil Ambani's Reliance