The Enforcement Directorate has tightened its stance in its probe involving industrialist Anil Ambani. The ED has issued a fresh summons to Anil Ambani under FEMA, asking him to appear next Monday after rejecting his request for a virtual statement.

SFIO TAKES OVER NEW INVESTIGATION

Earlier, the government had ordered a fresh investigation into several companies linked to the Anil Ambani–led Reliance Anil Dhirubhai Ambani Group (ADAG). This time, the probe has been handed to the Serious Fraud Investigation Office (SFIO) , the specialised wing of the Ministry of Corporate Affairs (MCA).

The SFIO has stepped in after earlier enquiries by the ED, the CBI and market regulator Sebi. The new focus is on whether there were any gaps in corporate governance and whether funds were diverted acro

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