The Enforcement Directorate on Saturday said that it had attached additional assets worth Rs 1,021 crore in its money laundering investigation into Reliance Home Finance Limited and Reliance Commercial Finance Limited.
With this, the total value of assets attached in cases involving the Anil Ambani-led Reliance Group has reached Rs 20,367 crore under the Prevention of Money Laundering Act and Rs 77.86 crore under the Foreign Exchange Management Act, the agency said.
The investigation is based on two first information reports filed by the Central Bureau of Investigation in September 2022. The FIRs pertained to two separate loans given by Yes Bank to Reliance Home Finance Limited and Reliance Commercial Finance Limited.
It has been alleged that loans of about Rs 3,000 crore received by the companies from the bank between 2017 and 2019 were illegally diverted to shell companies and wholly owned subsidiaries of the conglomerate with an intention to siphon the money.
In July 2025, the Enforcement Directorate conducted raids at more than 35 premises and searched 50 companies and 25 persons as part of its investigation.
On Saturday, the agency alleged that Rs 15,548 crore in public funds raised by Reliance Home Finance Limited and Reliance Commercial Finance Limited was diverted through a network of shell companies and group firms controlled...
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