In a recent development, the Enforcement Directorate (ED) has filed a fresh case against business tycoon Anil Ambani. The ED has accused Ambani of violating the provisions of the Foreign Exchange Management Act (FEMA).

According to reliable sources, the ED will be relying on information provided by the Income Tax Department for the investigation of this case. It is alleged that Anil Ambani engaged in foreign exchange management activities, which are in violation of FEMA regulations.