Mon Nov 03 03:39:08 UTC 2025: ## Summary:

The Enforcement Directorate (ED) in India has seized over ₹3,000 crore worth of assets linked to Reliance Group Chairman Anil Ambani as part of a money laundering investigation. The assets include his Mumbai residence, other properties owned by Reliance Group companies, and land across several major cities. The investigation focuses on the alleged diversion and laundering of public funds raised by Reliance Home Finance Ltd. (RHFL) and Reliance Commercial Finance Ltd. (RCFL), where Yes Bank invested heavily. The ED’s action stems from a CBI FIR regarding financial irregularities and loan diversion exceeding ₹17,000 crore by multiple Reliance Group companies.

News Article:

Reliance Group Chairman Anil Ambani’s Assets Worth Over ₹3,000 Crore Attached by ED

New Delhi, November 3, 2025: In a major development, the Enforcement Directorate (ED) has attached assets worth over ₹3,000 crore belonging to Reliance Group Chairman Anil Ambani as part of an ongoing money laundering investigation. The agency issued four provisional orders under the Prevention of Money Laundering Act (PMLA), targeting properties including Ambani’s Mumbai residence in Pali Hill and numerous residential and commercial properties owned by his group companies.

The attached assets span across major Indian cities, including Delhi, Mumbai, Pune, Hyderabad, and Chennai. Key assets include a plot of land belonging to Reliance Centre in Delhi.

The investigation centers on alleged diversion and laundering of public funds raised by Reliance Home Finance Ltd. (RHFL) and Reliance Commercial Finance Ltd. (RCFL). Between 2017 and 2019, Yes Bank invested significant amounts in RHFL and RCFL instruments, which later turned into non-performing assets. The ED estimates outstanding amounts of ₹1,353.50 crore for RHFL and ₹1,984 crore for RCFL by December 2019.

The action against Ambani follows an ED investigation that originated from a Central Bureau of Investigation (CBI) FIR. The ED claims the investigation has revealed financial irregularities and collective loan diversion exceeding ₹17,000 crore by multiple Reliance Group companies, including Reliance Infrastructure. Ambani was previously questioned by the ED in August, following extensive searches conducted in July at 35 premises belonging to 50 companies and 25 individuals linked to his business group.

The ED’s actions signal a significant escalation in the investigation into the Reliance Group’s financial dealings.

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