Mumbai, March 20 -- Reliance Group chairman Anil Ambani on Thursday appeared before the Enforcement Directorate (ED) in Mumbai in connection with a money-laundering probe against YES Bank promoter Rana Kapoor and others, officials said.

The agency is expected to record the statement of 60-year-old Ambani under the Prevention of Money Laundering Act. Ambani's nine group companies are stated to have taken loans of about ~12,800 crore from YES Bank that were under "stress".

Ambani was first called for questioning on Monday but he sought exemption from appearance. The ED then issued him fresh summons to appear on Thursday.

The ED has accused Kapoor, his family members and others of laundering "proceeds of crime" worth ~4,300 crore by receivi...