ED Attaches 40 Properties Worth ₹3,084 Crore Linked to Anil Ambani Group
The Enforcement Directorate has provisionally attached 40 properties worth ₹3,084 crore linked to the Anil Ambani-led Reliance Group, including the Pali Hill residence in Mumbai and the Reliance Centre in Delhi. The action follows a money laundering probe into the diversion of public funds raised by Reliance Home Finance and Reliance Commercial Finance, with investments from Yes Bank turning non-performing.
The Enforcement Directorate (ED) has provisionally attached 40 properties worth ₹3,084 crore linked to the Reliance Anil Ambani Group (R-ADAG) as part of a money laundering investigation. The attachment orders, issued on October 31, 2025, cover prime assets such as the Ambani family’s Pali Hill residence in Mumbai, the Reliance Centre in New Delhi, and several office premises, residential units, and land parcels across Mumbai, Pune, Thane, Noida, Ghaziabad, Hyderabad, Chennai, and East Godavari. The probe centers on the alleged diversion and laundering of public funds raised by Reliance Home Finance Ltd. (RHFL) and Reliance Commercial Finance Ltd. (RCFL), both part of the Anil Ambani-led group. Between 2017 and 2019, Yes Bank invested ₹2,965 crore in RHFL and ₹2,045 crore in RCFL, which later turned into non-performing assets with outstanding dues of ₹1,353.5 crore and ₹1,984 crore, respectively. The ED found that these funds were routed through shell companies and group-linked entities, circumventing regulatory norms. The investigation also uncovered that substantial portions of the loans were diverted to connected parties, with parallel probes revealing additional irregularities involving over ₹13,600 crore. The ED will continue tracing the proceeds of crime to recover funds for the public and strengthen accountability in financial markets.
