ED Attaches Reliance Anil Ambani Group Assets Worth ₹3,000 Crore In Money Laundering Probe 

The Enforcement Directorate (ED) has provisionally attached properties valued at nearly ₹3,084 crore belonging to companies of the Reliance Anil Ambani Group, as part of an ongoing money laundering probe under the Prevention of Money Laundering Act (PMLA), 2002. The order, issued on 31 October 2025, marks one of the most significant asset attachments in the agency’s financial investigations this year.

The attached assets include some of the group’s prominent real estate holdings such as a residence at Pali Hill in Bandra, Mumbai, and the Reliance Centre building in New Delhi. Other properties linked to the case are located across major cities, including Noida, Ghaziabad, Pune, Thane, Hyderabad, Chennai, and East Godavari. These assets comprise residential apartments, commercial offices, and large land parcels.

According to officials, the attachment stems from a detailed investigation into financial irregularities involving Reliance Home Finance Ltd (RHFL) and Reliance Commercial Finance Ltd (RCFL). The ED alleges that between 2017 and 2019, Yes Bank had invested over ₹5,000 crore in the two entities, which later turned into non-performing assets. The agency claims a portion of these funds was siphoned off and routed through a network of interconnected companies to obscure the money trail.

Investigators allege that loans were disbursed without adequate due diligence, with several approvals processed on the same day or even before formal applications were submitted. In some cases, loan and security documents were found blank or incomplete, and several borrower firms had negligible business operations. Officials described these as systemic lapses suggesting deliberate misuse of public funds and breach of financial discipline.

The ED has also widened its probe to include Reliance Communications Ltd and related entities, investigating alleged loan frauds exceeding ₹13,000 crore. Preliminary findings indicate that funds were diverted through complex transactions, including bill discounting and investment layering, to benefit group-linked firms.Experts note that this case underscores persistent challenges in India’s financial sector, where regulatory loopholes and governance failures enable large-scale fund diversions.

Strengthening compliance frameworks and improving corporate transparency, they argue, will be key to preventing similar crises and restoring investor confidence.
The agency said it will continue tracing the proceeds of crime and securing attached assets to ensure recovery and accountability. The development highlights the growing role of enforcement actions in reinforcing financial integrity and corporate governance within India’s business ecosystem.

ED Attaches Reliance Anil Ambani Group Assets Worth ₹3,000 Crore In Money Laundering Probe