Reliance Group Chairman Anil Ambani skips ED summons 'FEMA case'

Reliance Group Chairman Anil Ambani refused to appear before the Enforcement Directorate in a Foreign Exchange Management Act (FEMA) case for the second time on Monday.

The businessman said he was ready to depose before the federal probe agency via



“virtual appearance/recorded video”, a statement he made when he skipped the summons the first time on November 14.

The ED had rejected Ambani’s offer and issued him a fresh summons for Monday. It was not clear if the agency would issue a third summons now.