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ED launches another probe into Anil Ambani's firms over fake bank guarantee case: Report
short by Ashley Paul / on Friday, 1 August, 2025
Amid ED's probe into alleged loan misuse at Anil Ambani's companies, it has launched a parallel probe into a ₹68.2-crore fake bank guarantee case, NDTV Profit reported. ED raided four premises in Bhubaneswar and Kolkata linked to Biswal Tradelink, an entity which allegedly issued forged bank guarantees. The fake guarantees were allegedly used to support transactions involving Ambani's firms.
read more at NDTV Profit