Tina Ambani Skips ED Summons for Second Time in Manhattan Property Case
The ED recently arrested former RCOM (Reliance Communication) president Punit Garg in the case.
New Delhi: Reliance Group chairperson Anil Ambani's wife Tina Ambani on Tuesday skipped the Enforcement Directorate (ED) summons for the second time on Tuesday. She had skipped the earlier summons on February 10. Tina Ambani has been called for questioning with regard to a money trail linked to the purchase of a luxury condominium in Manhattan. The case is linked to multiple Reliance Group companies and their bank loans.
The ED recently arrested former RCOM (Reliance Communication) president Punit Garg in the case.
The New York property was “fraudulently” sold in 2023 during the corporate insolvency resolution process (CIRP) ofOM by Garg, the ED claimed in a statement earlier.
It is understood that RCOM informed the stock exchange about this “fraudulent” sale in 2025.
“The sale proceeds of USD 8.3 million (about Rs 69.55 crore in 2023) were remitted from the USA under the guise of a sham investment arrangement with a Dubai-based entity controlled by a Pakistan-linked individual, without the knowledge or consent of the Resolution Professional (RP),” the ED said in the statement.
The agency recently constituted a special investigation team (SIT) to probe multiple cases of alleged bank fraud and linked financial irregularities against the Anil Dhirubhai Ambani Group (ADAG) on the directions of the Supreme Court.
It has attached assets worth Rs 12,000 crore as part of the probe and filed three complaints called ECIRs (Enforcement Case Information Reports) against Reliance Group companies.
