By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Anil Ambani will cooperate with ED investigations, notice pertains to FEMA, not PMLA: Spokesperson – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Anil Ambani will cooperate with ED investigations, notice pertains to FEMA, not PMLA: Spokesperson – World News Network
Business

Anil Ambani will cooperate with ED investigations, notice pertains to FEMA, not PMLA: Spokesperson – World News Network

worldnewsnetwork
Last updated: November 14, 2025 12:00 am
worldnewsnetwork
Share
3 Min Read
SHARE

New Delhi [India], November 14 (ANI): A spokesperson for industrialist Anil D. Ambani on Friday said the Reliance ADA Group chairman has written to the Enforcement Directorate (ED) expressing his willingness to fully cooperate with the agency in connection with its summons.
According to the statement, aNIL Ambani has also offered to appear before the ED through virtual mode, citing readiness to assist with all queries.
The spokesperson highlighted that the ED notice pertains solely to a FEMA (Foreign Exchange Management Act) inquiry and not to any probe under the Prevention of Money Laundering Act (PMLA), as wrongly attributed by sections of the media without proper verification.
The statement said that, “ED summons to Anil D Ambani relates to a FEMA enquiry, and not a PMLA, as wrongly attributed by media without any diligence of facts.”
It referred to the ED’s media release of November 3, 2025, which said the matter relates to the Jaipur-Reengus highway project, a case that is 15 years old, dating back to 2010, and concerns issues linked to a road contractor.
The spokesperson for Anil Ambani stressed that the EPC contract awarded by Reliance Infrastructure for the JR Toll Road project was entirely domestic, with no foreign exchange component.
“This was a purely domestic contract with no foreign exchange component involved whatsoever” said Anil Ambani’s spokesperson statement.
The project has been fully completed and has been under the National Highways Authority of India (NHAI) since 2021, the statement added.
Clarifying Anil Ambani’s role, the spokesperson said he served as a non-executive director at Reliance Infrastructure between April 2007 and March 2022 and was never involved in the day-to-day operations of the company. Ambani is currently not a member of the company’s board.
The statement highlights that “Anil D. Ambani is not a member of the Board of Reliance Infrastructure. He served the company for about fifteen years, from April 2007 to March 2022, only as a non-executive director, and was never involved in day-to-day management of the company.” (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Intellipaat Partners with IndiaAI Mission (MeitY) to Empower Citizens with AI Literacy and Build an AI-Ready India – World News Network

HarperCollins India to publish Gaur Gopal Das’s new book You Can Have It All – World News Network

Vertiv Training Academy & Technology Excellence Center Launched in Pune, India, Reinforcing Dedication to Talent Development and Operational Excellence – World News Network

Ventive Hospitality Delivers a Stellar Q2 Performance with 50 Percent YoY EBITDA Growth – World News Network

Asian Granito India Ltd Net Profit rise 12-fold to Rs. 15.6 crore in Q2FY26; Net Sales went up 8.2% to Rs. 406.9 crore – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Rudransh – Legacy of a Great King Set to Bring the Maratha Empire to Global Cinema in 2026 – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

Oakridge Gachibowli Hosts JMUN 2025 with 450+ Delegates – World News Network
Business November 14, 2025
Govt ownership in semiconductor companies may slow innovation, says Tejas Networks EVP – World News Network
Business November 14, 2025
Cosmo First Announces Strategic Joint Venture in South Korea – World News Network
Business November 14, 2025
CyberMindr Wins Innovation in Preemptive Exposure Management Award at 2025 CISO Conclave – World News Network
Business November 14, 2025

Sports

Sports is progressing in the country, we will be among top five sporting nations by 2047: Mandaviya – World News Network
Sports
“His game has gone to next level”: England assistant coach praises Joe Root ahead of Ashes 2025 series – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

‘The Devil Wears Prada 2’ teaser: Meryl Streep, Anne Hathaway return to the Runway after two decades – World News Network
Entertainment
Priyanka Chopra’s daughter spent time with Mahesh Babu, visited Rajamouli’s farmhouse amid ‘Globetrotter’ shoot – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?