New Delhi, Aug. 1 -- Reliance Group on Friday denied allegations against it for a fraud of over Rs.17,000 crore after the ED summoned Anil Ambani, the Chairperson and Managing Director of the group.

Reliance Group sources have said that the matter related to Reliance Infra (of the Rs.10,000 crore diversion of funds) was publicly disclosed on February 9 and was not discovered by SEBI.

Anil Ambani, 66, has been summoned by the ED on August 5 for questioning regarding a money laundering case linked to alleged bank loan fraud of his group of companies. The ED will record his statement under provisions of the Prevention of Money Laundering Act (PMLA) once he deposes at his headquarters in New Delhi.

The ED had last week raided 35 premises o...