The duo was questioned for several hours on Wednesday, people in the know told ET. The agency primarily focused on “data extraction” pertaining to the alleged loan fraud. The two have been summoned by the agency for further questioning this week, the people said.
On Tuesday, the agency questioned Anil Ambani for over nine hours. He has sought seven days to furnish documents pertaining to ED’s queries. The agency will summon the 66-year-old industrialist again after recording the statements of the credit committee members of banks that had given loans to his Reliance Group companies, ET reported on Wednesday.
ET was the first to report about the ED summoning Anil Ambani as well as Jhunjhunwala and Seth for questioning.
The agency will seek details from the bank officials on the action initiated by them, if any, against Anil Ambani’s companies that failed to repay the loans, ET had reported. About Rs 17,000 crore of loans that nearly 20 private and public sector banks, including Yes Bank, SBI, ICICI Bank and HDFC Bank had given to Reliance Home Finance Ltd, Reliance Commercial Finance and RCOM had turned non-performing. The ED is investigating alleged laundering of the loan proceeds.
