Whalesbook
Reliance Group has issued a statement clarifying its separation from Reliance Communications and Anil Ambani, following the Enforcement Directorate's (ED) attachment of fresh assets worth over ₹1,400 crore in a money laundering probe, bringing the total to ₹9,000 crore. The group stated Reliance Communications has been independent since 2019 and is under insolvency proceedings. It also noted Anil Ambani's absence from Reliance Infrastructure and Reliance Power boards for over three and a half years, emphasizing that the asset attachment has no material impact on Reliance Infrastructure and Reliance Power.