World · India Bureau
ED attaches ₹510 crore in Anil Ambani group assets in fraud probe
India's Enforcement Directorate has seized additional assets linked to Reliance Group amid investigations into alleged bank fraud and money laundering. The latest attachments bring total seized and confiscated assets to ₹23,100 crore.
LSN India ·
The Enforcement Directorate has attached ₹510 crore worth of assets belonging to the Reliance Group of Anil Ambani as part of its ongoing investigation into allegations of bank fraud and money laundering, according to official sources.
The attached assets include two private aircraft, land parcels and office premises in Maharashtra, wind power generation units in Tamil Nadu, and bank deposits. The seizures represent a significant escalation in the agency's enforcement action against the group.
With these latest attachments, the cumulative value of assets seized and confiscated in connection with the case has now reached ₹23,100 crore. The Enforcement Directorate has not disclosed further details regarding the specific allegations or the timeline of the investigations.
The action underscores ongoing regulatory scrutiny of major business groups in India and the government's intensified focus on financial crime investigations. The case remains under active investigation by the federal agency.