Reliance Group President Anil Ambani looks like a problem, will soon not reduce, as the Enforcement Directorate on Friday issued a lookout circular against him in a loan fraud case of Rs 3,000 crore. Earlier today, Ed called him for questioning in a money laundering case related to alleged bank loan fraud against his group companies on August 5, according to a PTI news report. Ambani has been asked to present at the ED headquarters in Delhi and the agency is expected to record its statement under the prevention of the Money Laundering Act (PMLA). Some officials of their group companies have also been called. It was conducted on July 24 after Ed, which lasted for three days in 35 campuses of 50 companies and 25 people.
