New Delhi, Aug. 5 -- Industrialist Anil Ambani on Tuesday appeared before the Directorate of Enforcement (ED) in connection with an alleged fund diversion case, two people aware of the development said.

The agency, which probes money laundering and violations of foreign exchange laws, is investigating an alleged diversion of funds from Reliance Infrastructure to a related party without adequate disclosures. The company had last week said this exposure was of Rs.6,500 crore and that it had disclosed this matter in February itself.

Reliance Infrastructure maintains it has diligently pursued recovery of its dues in this matter, and through mandatory mediation proceedings conducted by a retired Supreme Court Judge and the mediation award fi...