3 months ago
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ADAG Group president and managing manager Anil Ambani has filed an affidavit assuring the Supreme Court that helium has not near India since July 2025, oregon since the opening of the probe successful an alleged slope fraud case. Mr. Ambani added that helium had nary program oregon volition to question extracurricular the country.
He informed the tribunal that helium has been summoned by the Enforcement Directorate (ED) connected February 26, 2026. He undertook to look and articulation the probe connected that date.
Mr. Ambani besides said helium would not permission the state without the anterior support of the Supreme Court.
Full cooperation
He said helium would afloat cooperate with the authorities, ensuring procedural clarity successful the ongoing probe to forestall immoderate proposition of evasion oregon enactment presumption of facts.
The businessman added that immoderate worldly furnished oregon practice extended indispensable beryllium viewed successful the discourse of matters already nether information and not successful isolation.
The affidavit followed an oral undertaking fixed to the tribunal connected February 4 by Mr. Ambani’s counsel, elder advocator Mukul Rohatgi, that his lawsuit would not permission the country.
Forged slope guarantees
On February 4, a three-judge Bench headed by Chief Justice of India Surya Kant had directed the ED to represent a Special Investigation Team (SIT) of elder officers to analyse the scam, portion ordering the Central Bureau of Investigation (CBI) to behaviour a “fair, dispassionate” probe into the “nexus, connivance, conspiracy, collusion” among slope officials, authorities and the absorption of the companies.
Solicitor General Tushar Mehta, appearing for the CBI and ED, said the forensic auditor had pointed to the siphoning of astir ₹40,000 crore of nationalist money. The apical instrumentality serviceman said the acts successful question progressive the giving of “forged slope guarantees”.
“In the forensic report, it is shown wealth was taken from 1 slope to wage another,” Mr. Mehta had submitted.
Advocates Prashant Bhushan and Neha Rathi, appearing for petitioner E.A.S. Sarma, who has sought the constitution of an SIT and a broad probe into what helium termed arsenic “one of the biggest fiscal frauds successful the country”, had flagged the anticipation of Mr. Ambani leaving the country.
