ED Attaches 40 Properties Worth Rs 3,084 Crore of Reliance Anil Ambani Group Across India
The Enforcement Directorate (ED) has attached 40 properties valued at Rs 3,084 crore belonging to the Reliance Anil Ambani Group in a money laundering investigation related to diversion of public funds by Reliance Home Finance Ltd (RHFL) and Reliance Commercial Finance Ltd (RCFL). The assets include residential and commercial properties across major cities, including Anil Ambani's Pali Hill residence in Mumbai.
The Enforcement Directorate (ED) issued attachment orders on October 31, 2025, under the Prevention of Money Laundering Act (PMLA) to seize 40 properties linked to the Reliance Anil Ambani Group worth approximately Rs 3,084 crore. These include high-value assets like the Ambani family’s Pali Hill residence in Mumbai, the Reliance Centre in Delhi, and various properties in cities such as Delhi, Noida, Ghaziabad, Pune, Thane, Hyderabad, Chennai, Kancheepuram, and East Godavari. The probe targets alleged diversion and laundering of public funds raised by RHFL and RCFL. From 2017 to 2019, Yes Bank invested over Rs 5,000 crore in financial instruments of these companies, which later turned into significant non-performing assets. The ED's investigation revealed prohibited indirect investments by mutual funds through Yes Bank, facilitating fund diversion via on-lending and layering, alongside procedural lapses like same-day loan sanction and disbursal without proper documentation. Further investigation is underway into Reliance Communications Ltd for loan frauds over Rs 13,600 crore, uncovering systematic misuse of bill discounting to funnel money to related entities. The ED aims to trace the proceeds of crime and recover assets to benefit the public.[2][3][5][6]
