Big Crackdown Against Anil Ambani, Mumbai Bungalow Among Attached Assets

Big Crackdown Against Anil Ambani: Mumbai Bungalow Among Attached Assets

The Enforcement Directorate has provisionally attached several properties linked to the Anil Ambani-led Reliance Group as part of an ongoing investigation. Assets include a family residence in Mumbai's upscale Pali Hill, the Reliance Centre in Delhi, and real estate in at least eight cities across India.

Details of the Attached Assets

These assets, valued at approximately Rs 3,084 crore, were attached under the Prevention of Money Laundering Act following orders dated October 31. The properties span:

The attached assets consist of residential units, office spaces, and land parcels.

Context of the Investigation

According to the Enforcement Directorate, the property attachment is part of a probe into the diversion and laundering of funds raised by Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL).

The agency alleges that between 2017 and 2019, Yes Bank invested Rs 2,965 crore in RHFL and Rs 2,045 crore in RCFL via various instruments. By December 2019, these investments became non-performing loans, with Rs 1,353.50 crore outstanding for RHFL and Rs 1,984 crore for RCFL.

Ongoing Legal Action

The Enforcement Directorate's move to attach these assets signals intensified scrutiny on alleged financial irregularities linked to the Reliance Group's funding sources.

Summary: The Enforcement Directorate has attached real estate assets worth over Rs 3,000 crore tied to Anil Ambani's Reliance Group amid investigations into fund diversion involving non-performing loans in Reliance Home and Commercial Finance.

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NDTV NDTV — 2025-11-04

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