ED to issue fresh summons to Tina Ambani

The Directorate of Enforcement (ED) is expected to issue a fresh summons to Tina Ambani, wife of businessman Anil Ambani, for recording her statement in connection with an alleged money-laundering case, after she failed to appear before the agency on Monday (February 9, 2026).

According to the agency sources, it had asked Ms. Ambani to join the investigation on Monday (February 9). However, she did not turn up.

In January, the ED had provisionally attached properties worth ₹1,885 crore linked to Reliance Anil Ambani Group, including bank balance, receivables, shareholding in “unquoted investments” and immovable assets, taking the total amount of attachment to about ₹12,000 crore in the alleged bank fraud cases of Reliance Communications Limited (RCom), Reliance Commercial Finance Limited, and Reliance Home Finance Limited.

The latest attachments were made in the cases allegedly related to Reliance Home Finance Limited, Reliance Commercial Finance Limited, and Yes Bank; and RCom. The ED has alleged fraudulent diversion of public money by various Reliance Anil Ambani group companies including RCom, Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL), Reliance Infrastructure, and Reliance Power Limited.

It was alleged that during 2017-19, Yes Bank invested ₹2,965 crore in RHFL instruments and ₹2,045 crore in RCFL instruments. “By December 2019, these became non-performing investments. The outstanding was ₹1,353.50 crore for RHFL and ₹1,984 Crore for RCFL…RHFL and RCFL received public funds of more than ₹11,000 crore. Before Yes Bank invested this money in Reliance Anil Ambani group companies, it had received huge funds from erstwhile Reliance Nippon Mutual Fund,” alleged the ED

As alleged by the agency, under the Securities and Exchange Board of India regulations, Reliance Nippon Mutual Fund could not invest/divert funds directly in the Anil Ambani group finance companies due to conflict-of-interest rules. “Therefore, public money in mutual fund schemes was routed indirectly by them. The path ran through Yes Bank’s exposures. The public funds reached Anil Ambani group companies through circuitous route,” it alleged.

The ED has said that RCom and its group companies had taken loans from domestic and foreign lenders from 2010-12 onwards, of which about ₹40,185 crore was allegedly outstanding. Nine banks have designated the Group’s loan accounts as fraud. It alleged various irregularities, including the diversion of over ₹13,600 crore by RCom and its group companies for “evergreening” of loans and over ₹12,600 crore to connected parties, whereas over ₹1,800 crore was invested in fixed-deposits, mutual funds, etc.