
Wed Feb 25 12:53:59 UTC 2026: # Anil Ambani’s Mumbai Residence Attached by Enforcement Directorate in Money Laundering Probe
The Story:
The Enforcement Directorate (ED) has attached Reliance Group chairman Anil Ambani’s Mumbai residence, ‘Abode’, valued at ₹3,716 crore, under the Prevention of Money Laundering Act (PMLA). This action is linked to an ongoing investigation into an alleged bank fraud by his group company, Reliance Communications. Mr. Ambani is scheduled to appear before the ED for a second round of questioning in Delhi.
Key Points:
* The ED attached Anil Ambani’s Mumbai house, ‘Abode’, worth ₹3,716 crore on February 25, 2026.
* The attachment was made under the Prevention of Money Laundering Act (PMLA).
* The action is related to an investigation into an alleged bank fraud by Reliance Communications.
* ‘Abode’ is a 216-foot-tall, 17-story house located in Mumbai’s Pali Hill area.
* Anil Ambani, 66, is expected to appear before the ED for further questioning.
* The total value of attachments in this case now stands at ₹15,700 crore.
Key Takeaways:
- The ED is actively pursuing cases related to alleged financial irregularities involving Anil Ambani and his associated companies.
- The attachment of a high-value asset like ‘Abode’ signals a significant escalation in the investigation.
- The ongoing legal proceedings and asset attachments could further impact the financial stability and reputation of the Reliance Group.