Overview
- Anil Ambani did not appear for ED questioning on November 14 and the agency has set a new in-person date for November 17, according to officials.
- ED sources say a virtual appearance will not be allowed as the agency seeks to record his statement under FEMA.
- The inquiry focuses on alleged remittances of about Rs 100 crore abroad, with statements already taken from purported hawala operators.
- The ED has alleged funds were siphoned from the project via Surat-based shell companies to Dubai and has flagged a wider hawala trail exceeding Rs 600 crore.
- Ambani’s spokesperson says he will fully cooperate, contends the EPC contract was purely domestic with no foreign exchange component, and notes he served only as a non-executive director.