Enforcement Directorate Attaches Rs 3,000 Crore Assets of Anil Ambani Group in Money Laundering Probe

Economy

Updated on 03 Nov 2025, 05:15 am

Reviewed By

Aditi Singh | Whalesbook News Team

Short Description :

The Enforcement Directorate (ED) has attached assets valued at over Rs 3,084 crore linked to Reliance Group Chairman Anil Ambani and his companies as part of a money laundering investigation. The attached properties include Ambani's Mumbai residence and a plot in Delhi, among others, stemming from allegations of diverting public funds raised by Reliance Home Finance Ltd. and Reliance Commercial Finance Ltd.

Enforcement Directorate Attaches Rs 3,000 Crore Assets of Anil Ambani Group in Money Laundering Probe

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Stocks Mentioned :

Reliance Infrastructure Limited

Reliance Power Limited

Detailed Coverage :

The Enforcement Directorate (ED) has taken significant action by attaching assets worth Rs 3,084 crore associated with Reliance Group Chairman Anil Ambani and his group companies. This action is part of an ongoing money laundering investigation. The attached assets include Anil Ambani's house in Pali Hill, Mumbai, a plot of land belonging to Reliance Centre in Delhi, and various other residential and commercial properties across cities like Noida, Ghaziabad, Pune, Hyderabad, and Chennai.

The probe is centered on allegations of diversion and laundering of public funds. Specifically, it involves funds raised by Reliance Home Finance Ltd. (RHFL) and Reliance Commercial Finance Ltd. (RCFL). During 2017-2019, Yes Bank had invested substantial amounts in instruments of these two companies, which later turned into non-performing assets.

The ED links Anil Ambani's firms to a collective loan diversion estimated at over Rs 17,000 crore. Anil Ambani himself was questioned by the ED in August regarding these financial irregularities. The ED’s case originates from a Central Bureau of Investigation (CBI) First Information Report (FIR).

Impact This news can cause significant short-term volatility in the stocks of Reliance Infrastructure and Reliance Power, and potentially affect investor sentiment towards the broader Reliance group and companies facing similar investigations. The large asset attachment underscores the seriousness of the money laundering charges. Rating: 8/10

Difficult Terms Explained: Enforcement Directorate (ED): A government agency in India responsible for enforcing economic laws and fighting economic crimes like money laundering. Money Laundering: The illegal process of making large amounts of money generated by criminal activity appear to have come from a legitimate source. Prevention of Money Laundering Act (PMLA): A special law in India enacted to combat money laundering. Non-performing Investments: Investments that have stopped generating income or are unlikely to be repaid in full. Central Bureau of Investigation (CBI): India's premier investigation agency, responsible for probing serious crimes and corruption. FIR (First Information Report): An initial report filed with the police or a designated authority regarding a cognizable offense, which initiates an investigation.