New Delhi, Aug. 1 -- The Enforcement Directorate (ED) on Friday issued a look-out circular against Reliance Group Chairman Anil Ambani over the alleged loan fraud case.

The ED summoned Ambani for questioning on August 5. The summons relates to an ongoing investigation into an alleged Rs.17,000 crore loan fraud case involving his company.

Last week, the agency carried out searches in 35 locations belonging to 50 companies and 25 people, including several executives of the Anil Ambani Group companies.

(More to come)

Published by HT Digital Content Services with permission from MINT....