Enforcement Directorate attaches ₹510 crore (about $61 million USD) in assets linked to Reliance Anil Ambani Group in a money laundering case.

Regulators are investigating allegations of bank fraud and money laundering at Reliance Home Finance Limited, Reliance Commercial Finance Limited, and Reliance Communications Limited. Regulators increased their scrutiny of Reliance Anil Ambani Group entities following reports of poor financial management and compliance failures. Government agencies launched these probes to address irregularities affecting stakeholders and financial institutions. The agencies initiated these probes to enforce corporate governance and prevent illicit financial activities.

The Reserve Bank of India (RBI) superseded the board of directors of Reliance Capital Limited and appointed an administrator in November 2021. The Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against Reliance Capital Limited and Anil Ambani in August 2026. The CBI alleges the firm and Ambani caused a loss of 1,816.22 crore (18.16 billion rupees) to the Employees' Provident Fund Organisation.

1. The Enforcement Directorate attached assets worth ₹510 crore (5.1 billion rupees) linked to the Reliance Anil Ambani Group on November 3, 2026. The agency issued a provisional attachment order under the Prevention of Money Laundering Act to address alleged bank fraud.

2. The agency stated these attachments relate to investigations into Reliance Home Finance Limited, Reliance Commercial Finance Limited, and Reliance Communications Limited. The total value of assets attached or seized by the agency in these cases has reached approximately ₹23,100 crore.

3. The agency arrested 10 people and filed six prosecution complaints under the Prevention of Money Laundering Act. The agency submitted a separate complaint against the group under the Foreign Exchange Management Act.

4. The Enforcement Directorate (ED) alleges that the group siphoned public funds from banks and financial institutions. The ED accuses the group of misusing the Insolvency and Bankruptcy Code to ring-fence corporate assets for personal use. The agency reports that the group diverted funds to offshore tax havens.

5. The agency seized two chartered aircraft, a Dassault Falcon 2000 and an Embraer. It also took possession of six land parcels and an office in Maharashtra. In the Reliance Home Finance and Reliance Commercial Finance cases, the agency secured two windmills in Tamil Nadu. It also seized bank balances, fixed deposits, and investments.

1. The Reliance Anil Ambani Group has not yet responded to the ED's release regarding the latest asset attachments. The group remains the subject of ongoing investigations by multiple agencies.

2. The Enforcement Directorate (ED) investigation relies on cases registered by the Central Bureau of Investigation (CBI) in Delhi. The inquiry incorporates additional cases from the Economic Offences Wing of the Delhi Police and the Mumbai Police. These agencies filed multiple First Information Reports (FIRs) against the group and its leadership.

3. Anil Ambani's spokesperson stated that Ambani denies any wrongdoing regarding the August 2026 CBI FIR. The spokesperson noted that Ambani served as a Non-Executive Director and Chairman of Reliance Capital Limited only until November 2021.