Reliance ADA Group chairman Anil Ambani’s wife Tina Ambani appeared before the Enforcement Directorate in Mumbai on Tuesday in connection with the probe into alleged violations of the Foreign Exchange Act. The charges are said to be related to the Pandora Papers case.
On Monday, Anil Ambani appeared before the central agency in Mumbai’s Ballard Estate area to record his statement in a case registered under various sections of the Foreign Exchange Management Act (FEMA), news agency reported.
Reports suggested that Tina Ambani was asked to appear before the ED along with her husband on Monday, but sought an exemption only later this week. However, the ED has issued a fresh summons to Tina Ambani.
The ED is currently probing offshore investments and assets allegedly linked to Anil Ambani and his wife for alleged violations of the Foreign Exchange Management Act (FEMA).
The industrialist appeared before the ED in 2020 in a money laundering case against Yes Bank promoter Rana Kapoor and others.
In August last year, the Income Tax department issued a notice under the Anti-Black Money Act to Ambani for allegedly evading ₹420 crore in taxes on undisclosed funds of over ₹814 crore held in two Swiss bank accounts.
