ED searches multiple websites related to Anil Ambani’s Reliance Power in bank fraud probe

New Delhi: law enforcement bureau Searches were conducted at various locations in Mumbai and Hyderabad on Friday as part of the probe involving businessman conglomerate Reliance Power Anil Ambani.According to PTI, around 10-12 premises related to the company and its executives are being searched in the two cities. Officials added that about 15 teams from the agency were involved in the operation.The agency is investigating various companies linked to Ambani in connection with money laundering cases related to bank fraud and alleged financial irregularities under the Foreign Exchange Management Act.As part of the investigation, Ambani, 66, has been questioned twice by the education ministry under provisions of the Prevention of Money Laundering Act.The ED has also constituted a Special Investigation Team (SIT) on the directions of the Supreme Court of India to investigate the case involving the Anil Dhirubhai Ambani Group of Companies.Three money laundering cases have been registered against the Anil Dhirubhai Ambani group to probe alleged bank loan fraud and other financial irregularities, according to information filed by the agency in the Supreme Court.