Bank Fraud Case – Artifex.News https://artifex.news Stay Connected. Stay Informed. Thu, 06 Nov 2025 08:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png Bank Fraud Case – Artifex.News https://artifex.news 32 32 ED summons Anil Ambani to depose on November 14 https://artifex.news/article70247504-ece/ Thu, 06 Nov 2025 08:00:00 +0000 https://artifex.news/article70247504-ece/ Read More “ED summons Anil Ambani to depose on November 14” »

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Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group. File
| Photo Credit: Reuters

Reliance Group chairman Anil Ambani has been summoned again by the Enforcement Directorate (ED) for questioning next week in an alleged bank fraud-cum-money laundering case, according to sources.

The 66-year-old businessman was questioned by the federal probe agency in August.

Mr. Anil Ambani has been asked to depose on November 14 for questioning in a money laundering case linked to an alleged bank loan fraud at the State Bank of India (SBI), sources said.

The agency recently attached assets worth ₹7,500 crore as part of its investigation into Mr. Anil Ambani’s group companies.

Watch: ED attaches assets linked to Anil Ambani

Published – November 06, 2025 01:30 pm IST



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]]> 152 Crore Assets Linked To 4-Time Maharashtra MLA Attached By Probe Agency https://artifex.news/152-crore-assets-linked-to-4-time-maharashtra-mla-attached-by-probe-agency-4475965rand29/ Thu, 12 Oct 2023 15:56:03 +0000 https://artifex.news/152-crore-assets-linked-to-4-time-maharashtra-mla-attached-by-probe-agency-4475965rand29/ Read More “152 Crore Assets Linked To 4-Time Maharashtra MLA Attached By Probe Agency” »

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“Total attachment in this case stands at nearly Rs 386 crore, ED said. (Representational)

Raigad, Maharashtra:

The Enforcement Directorate (ED) has provisionally attached immovable properties worth over Rs 150 crore belonging to Vivekanand Shankar Patil, a four-time MLA from Panvel and his relatives in connection with a bank fraud case, officials said on Thursday.

Taking to the social media platform, X, ED said, “ED has provisionally attached immovable properties belonging to Vivekanand Shankar Patil, a four-time MLA from Shetkari Kamgar Paksha Party and Ex-Chairman of Karnala Nagari Sahakari Bank Ltd, Panvel, his relatives and Karnala Mahila Readymade Garments Cooperative Society Limited, having book value of Rs. 152 Crore (approx.) in form of pool of vast land, bungalow, residential complex etc. on October 12, 2023 in connection with a Bank Fraud case.”

“Total attachment in this case stands at nearly Rs 386 crore, ED said.

The ED initiated the investigation on the basis of an FIR registered by the Economic Offence Wing (EOW) of Mumbai Police in 2019.

The fraud came to light after an audit was done at the instance of the Reserve Bank in 2019-20, when it was revealed that Patil was siphoning off funds from the bank through 63 fictitious loan accounts to the loan accounts of Karnala Charitable Trust and Karnala Sports Academy, which were founded and controlled by Vivekanand Patil.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)





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