Anil Ambani Group’s assets worth ₹1,021 crore seized:ED takes action in money laundering case; properties worth ₹20,367 crore seized so far

The Enforcement Directorate (ED) on Saturday, 11 July, 2026, issued an order to provisionally attach assets worth ₹1,021 crore of the Reliance Anil Dhirubhai Ambani Group (ADAG) in a money laundering investigation case. According to the ED, under this action, equity shares of Reliance Power held by Reliance Infrastructure and certain loan amounts receivable from Sasan Power and Reliance Power have been attached. With this new order, the total value of assets attached in the case so far has reached ₹20,367 crore. Money laundering investigation started after CBI’s FIR This action by ED is based on an FIR registered by the Central Bureau of Investigation (CBI) against Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL). Taking this CBI complaint as the basis, ED had initiated investigation of the case under the Prevention of Money Laundering Act (PMLA). ₹15,548 crore fund diverted through shell companies The investigating agency stated in its statement that during the investigation it came to light that ₹15,548 crore of public funds raised by RHFL and RCFL were systematically diverted. This amount was transferred through a network of several ‘shell’ i.e. fake or dummy companies and other group companies controlled and managed by the Anil Ambani Group. Multiple cases under investigation against Anil Ambani Group 8 people arrested so far, 4 chargesheets filed In this entire case, the central agency has filed a total of 4 chargesheets (prosecution complaints) in court so far. During the investigation, 8 accused involved in this scam have also been arrested. ED has also informed that apart from money laundering, properties worth ₹77.86 crore of the Group have already been confiscated under FEMA. What is the Prevention of Money Laundering Act? Under the Prevention of Money Laundering Act, i.e., PMLA, provisional attachment means that the accused can no longer sell or transfer this property (such as shares or loan amount). When the ED believes that any property has been created from proceeds of crime, it temporarily attaches it for 180 days. This can later be permanently confiscated after approval from the Adjudicating Authority.