Genesis of crisis as auditor flags issues

GT report is where the story blew up

GT reportedly had more findings in the case

Did Yes Bank recover anything from the loan?

Why is the probe happening years later now?

What are the ED'S allegations? 

So how is the investigation going so far? 

Is this linked to a wider network of firms?

Are SEBI and ED working together on this?

How bad could this get for Anil Ambani’s firms

Conclusion

Credits

Once valued at over ₹1 lakh crore, Anil Ambani’s Reliance ADAG group is now facing one of its biggest reckonings. The Enforcement Directorate has launched a sweeping probe into alleged loan fraud and money laundering worth over ₹24,000 crore—spanning Yes Bank transactions, shell firms, and suspected quid pro quo deals with Rana Kapoor’s family offices.

In this episode, host Anirban Chowdhury, ET’s banking editor Sangita Mehta and its tracker of financial wrongdoings Rashmi Rajput unpack the Grand Thornton audit red flags, the delays in enforcement action, and the high-stakes legal and financial fallout.

Tune in:

You can follow Anirban Chowdhury on his social media: Twitter and Linkedin

You can follow Sangita Mehta on her Linkedin, Twitter  profiles and read her Newspaper Articles.

You can follow Rashmi Rajput on her Linkedin, Twitter  profiles and read her Newspaper Articles.

Check out other interesting episodes like:The Curious Case of HUL’s CEO Shuffle, Health Hazards in your Grocery Bag, Trump vs Harvard: India Impact, Brandalore Rising! and much more.

Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.


Credits: NDTV, NDTV Profit, TIMES NOW, Republic World

Once valued at over ₹1 lakh crore, Anil Ambani&rsquo;s Reliance ADAG group is now facing one of its biggest reckonings. The Enforcement Directorate has launched a sweeping probe into alleged loan fraud and money laundering worth over ₹24,000 crore&mdash;spanning Yes Bank transactions, shell firms, and suspected quid pro quo deals with Rana Kapoor&rsquo;s family offices.
In this episode, host Anirban Chowdhury, ET&rsquo;s banking editor Sangita Mehta and its tracker of financial wrongdoings Rashmi Rajput unpack the Grand Thornton audit red flags, the delays in enforcement action, and the high-stakes legal and financial fallout.
Tune in:
You can follow Anirban Chowdhury on his social media: <a href="https://twitter.com/AnirbanET">Twitter</a> and <a href="https://www.linkedin.com/in/anirban-chowdhury-b5067219/">Linkedin</a>
You can follow Sangita Mehta on her <a href="https://www.linkedin.com/in/sangita-mehta-63a94b5">Linkedin</a>, <a href="https://twitter.com/SangitaMehtaET">Twitter</a>&nbsp; profiles and read her <a href="https://economictimes.indiatimes.com/etreporter/author-sangita-mehta-6893.cms?from=mdr">Newspaper Articles</a>. You can follow Rashmi Rajput on her <a href="https://www.linkedin.com/in/rashmi-rajput-aa5795146/">Linkedin</a>, <a href="https://x.com/rashmirajput_et">Twitter </a>&nbsp;profiles and read her <a href="https://economictimes.indiatimes.com/etreporter/author-rashmi-rajput-479252721.cms?from=mdr">Newspaper Articles</a>.
Check out other interesting episodes like:<a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000717259133">The Curious Case of HUL&rsquo;s CEO Shuffle</a>, <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000712174615">Health Hazards in your Grocery Bag</a>, <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000710947447">Trump vs Harvard: India Impact</a>, <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000717821985">Brandalore Rising!</a> and <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777">much more</a>.
Catch the latest episode of &lsquo;The Morning Brief&rsquo; on <a href="https://www.etplay.com/etplay">ET Play</a>, <a href="https://economictimes.indiatimes.com/podcast?from=mdr">The Economic Times Online</a>,<a href="https://open.spotify.com/show/6PL5kfPbwURBEu6fHCVTOL?si=26ec0fbfa7134fea"> Spotify</a>, <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777">Apple Podcasts</a>, <a href="https://www.jiosaavn.com/shows/the-morning-brief/1/GNPiFQD2xpY_">JioSaavn</a>, <a href="https://music.amazon.in/podcasts/f378141f-9afb-495d-83da-9b08ec5047ac/the-morning-brief">Amazon Music</a> and <a href="https://www.youtube.com/@theetpodcasts">Youtube</a>.
 Credits: <a href="https://www.youtube.com/watch?v=eh9wwWH70VY">NDTV</a>, <a href="https://www.youtube.com/watch?v=yaGT60B8Mic&amp;list=RDNSj3US4xXgs2Y&amp;index=6">NDTV Profit</a>, <a href="https://www.youtube.com/watch?v=UUdFbv_zxy4&amp;list=RDNSj3US4xXgs2Y&amp;index=18">TIMES NOW</a>, <a href="https://www.youtube.com/watch?v=MGfohPS5ygI">Republic World</a>

To make sense of the week’s hottest stories in business, economy, politics and markets, journalists from the Economic Times chat with reporters and industry leaders in this thrice-weekly (Tuesday, Thursday, Friday) podcast.

The Morning Brief

The Anil Ambani Annals

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