Mumbai, Aug. 2 -- The Enforcement Directorate (ED) has widened its investigation into alleged financial irregularities of the Anil Ambani-led Reliance ADA Group by probing an alleged Rs 68.3 crore fake bank guarantee case.
The ED has also issued a lookout circular (LOC) against him in connection with the alleged Rs 3,000-crore loan fraud involving Yes Bank.
An LOC is issued to prevent individuals from leaving the country while they are under investigation. LOCs are circulated to all airports and seaports, alerting immigration officials to detain the individual under investigation, to prevent any attempt by them to flee from India.
The development came after the ED summoned Anil Ambani for questioning on Tuesday at the ED's Delhi office....