By PTI
MUMBAI: Tina Ambani, the spouse of Reliance ADA Group Chairman Anil Ambani, on Tuesday appeared earlier than the Enforcement Directorate (ED) right here for questioning and recording her assertion in reference to an investigation linked to the alleged contravention of the overseas alternate regulation, official sources stated.
Anil Ambani recorded his assertion within the case on Monday beneath sections of the Foreign Exchange Management Act (FEMA) and he’s anticipated to look earlier than the federal company once more later this week for completion of the train.
The investigation in opposition to the couple pertains to the possession of sure alleged undisclosed property overseas and the linked motion of funds, the sources stated.
Anil Ambani’s alleged hyperlinks to some offshore corporations primarily based in Jersey, the British Virgin Islands and Cyprus are beneath the probe scanner of the ED.
He had been questioned by the company in 2020 in a cash laundering case in opposition to Yes Bank promoter Rana Kapoor and others.
In August final yr, the income-tax division issued a discover to Anil Ambani beneath the anti-black cash regulation for allegedly evading Rs 420 crore in taxes on undisclosed funds of greater than Rs 814 crore held in two Swiss financial institution accounts.
The Bombay High Court in March ordered an interim keep on this I-T show-cause discover and penalty demand.
MUMBAI: Tina Ambani, the spouse of Reliance ADA Group Chairman Anil Ambani, on Tuesday appeared earlier than the Enforcement Directorate (ED) right here for questioning and recording her assertion in reference to an investigation linked to the alleged contravention of the overseas alternate regulation, official sources stated.
Anil Ambani recorded his assertion within the case on Monday beneath sections of the Foreign Exchange Management Act (FEMA) and he’s anticipated to look earlier than the federal company once more later this week for completion of the train.
The investigation in opposition to the couple pertains to the possession of sure alleged undisclosed property overseas and the linked motion of funds, the sources stated.googletag.cmd.push(perform() googletag.show(‘div-gpt-ad-8052921-2’); );
Anil Ambani’s alleged hyperlinks to some offshore corporations primarily based in Jersey, the British Virgin Islands and Cyprus are beneath the probe scanner of the ED.
He had been questioned by the company in 2020 in a cash laundering case in opposition to Yes Bank promoter Rana Kapoor and others.
In August final yr, the income-tax division issued a discover to Anil Ambani beneath the anti-black cash regulation for allegedly evading Rs 420 crore in taxes on undisclosed funds of greater than Rs 814 crore held in two Swiss financial institution accounts.
The Bombay High Court in March ordered an interim keep on this I-T show-cause discover and penalty demand.
