Fresh ED summons for Anil Ambani over RCom probe
New Delhi, Nov. 7 -- The Enforcement Directorate (ED) has found in its probe against Reliance Communications Limited (RCom) that even before the corporate insolvency resolution proceedings against the company were initiated the Anil Ambani led Reliance Group "effected a mechanism to influence the resolution process" by way of acquiring loans so as to become a part of the committee of creditors, agency officials familiar with the investigation said.
The agency has also found that loans were diverted in mutual funds, related parties or infrastructure firms of Anil Ambani.
The financial crimes probe agency has now issued a fresh summon to Anil Ambani asking him to appear before it on November 14 in connection with the case, the officials, who ...
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