ED grills Anil Ambani over FEMA violation
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Industrialist and Reliance ADA Group Chairman Anil Ambani on Monday reportedly appeared before the Enforcement Directorate (ED) in connection with an alleged violation of the Foreign Exchange Management Act, 1999 (FEMA) case. According to reports, Ambani was questioned by ED officials for many hours in connection with an investigation linked to the alleged contravention of the foreign exchange law.