Why is Anil Ambani under control? History behind the allegations and the summons of Ed

Anil Ambani is at the center of a major financial survey involving several government agencies, including the law enforcement management (ED), the SEBI market regulator and the Central Bureau of Investigation (CBI). On August 5, the urgency should question it in an enlarged investigation which extends on allegations of fraud, money laundering and counterfeiting.

At the heart of the case is reliance infrastructure, a flagship company of the Anil Dhirubhai Ambani group (ADAG). Between 2013 and 2023, regulators alleged that the company has moved massive sums – between 10,000 ₹ and 17,000 crores ₹ – through a low profile entity called CLE PVT Ltd.

Allegation

• Reliance infrastructure has transferred key funds over several years, qualifying them as inter -company deposits (ICD) – a form of internal group loan.
• Default on reimbursements.
• Instead of reporting the loss or the real relationship, Reliance Infra has quietly struck down the funds as bad loans without revealing that CLE was a linked part.
• Consequently, up to 90% of the assets of reliance, at the top, were allegedly siphoned in CLE – effectively outside the company’s books.

The figures debated are essential:

6,500 crores ₹ is that the reliance infrastructure says that it is its real exposure to CLE.

10,000 to 17,000 sterling books is that the estimate of SEBI and ED was sent via key over time – based on supply, radiation and asset transfers they support have been deliberately masked.

The regulators believe that it was a case of hidden linked transactions which misled the shareholders and the market. Reliance maintains that he acted in good faith and that the most important figures include non -monetary adjustments and are exaggerated.

Action so far

• SEBI prohibited Anil Ambani and 24 others from the securities market for five years.
• ED has made raids out of 50 entities and 25 people related to the case.
• Ambani is now summoned for a direct question.

Another case:
In addition, the urgency probe a false bank guarantee worth 68.2 crores ₹ Submitted by companies linked to Ambani – the reiliance Nu Bess and Maharashtra Energy Generation LTD – to win a solar energy storage project of the Solar Energy Corporation of India (SECI).

Key results:

The warranty came from an Odisha Shell company, Biswal Tradelink, using a false field (“SBI.co.in”) to usurp the identity of SBI.

Investigators found forged communications, Shell accounts and the use of encrypted messaging.

SECI prohibited Reliance Power and its affiliates from bid on its projects for three years from November 2024.

Reliance Power claims that he was defrauded and filed complaints against Biswal Tradelink, declaring that she had no knowledge of counterfeiting.

Additional surveys
ED and CBI also examine:

Chaired diversion of 3,000 crores of ₹ in loans from Yes Bank to bus companies between 2017 and 2019.

Diversion of previous funds and false declarations in other Ambani companies such as Communications and Reliance Home Finance.

In June 2025, SBI officially appointed Reliance Communications and Anil Ambani as “fraud” accounts.

What the group says:
Adag says that Anil Ambani has not occupied operational roles in group companies since 2022. He argues that the accusations concern older companies which are now bankrupt or victims of fraud by a third party, and that remaining companies operate legally and independently.

Following news from the convocation of Ed d’Ambani, Reliance Power dropped from 4.82% to 50.30 ₹, and Reliance Infrastructure dropped from 5% to 311.60 ₹ on the ESB at the start of negotiation.