After Anil Ambani, wife Tina Ambani appears before ED in FEMA case

Day after Reliance Group Chairman Anil Ambani appeared at Enforcement Directorate, his wife Tina Ambani, on tuesday also appeared before the Enforcement Directorate (ED) in Mumbai for questioning in connection with an investigation into the alleged contravention of the foreign exchange law.

Reports indicated that Tina Ambani was asked to appear before the ED on Monday along with her husband but she sought exemption until later this week. However, the ED issued a fresh summons to Tina Ambani.

The ED is currently probing offshore investments and assets that are allegedly linked to Anil Ambani and his wife for the alleged violation of the Foreign Exchange Management Act (FEMA).

The industrialist had appeared before the ED in 2020 in a money laundering case against Yes Bank promoter Rana Kapoor and others.