Pune: ED Attaches Anil Ambani Group Properties Worth ₹3,084 Crore Across 10 Cities
Pune: ED Attaches Anil Ambani Group Properties Worth ₹3,084 Crore Across 10 Cities
Pune, November 3, 2025: The Enforcement Directorate (ED) has provisionally attached 40 properties valued at ₹3,084 crore belonging to the Anil Ambani Group under the Prevention of Money Laundering Act (PMLA) in connection with its ongoing probe into alleged loan fraud and diversion of public funds.
The attached properties include office premises, residential units, and land parcels spread across Mumbai, Delhi, Noida, Ghaziabad, Pune, Thane, Hyderabad, Chennai, Kancheepuram, and East Godavari. Among these are Anil Ambani’s residence in Mumbai’s Pali Hill and the Reliance Centre in Delhi. The attachment order was issued on October 31 under Section 5(1) of the PMLA.
According to the ED, the case involves diversion and laundering of public funds by Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL). Between 2017 and 2019, Yes Bank invested ₹2,965 crore in RHFL and ₹2,045 crore in RCFL. By December 2019, these investments turned into non-performing assets, with over ₹3,300 crore still outstanding.
Investigations revealed that direct investments by Reliance Nippon Mutual Fund into Anil Ambani Group financial firms were restricted under SEBI’s conflict-of-interest regulations. However, the ED found that public money from mutual funds was indirectly routed through Yes Bank, ultimately benefiting companies within the Anil Ambani Group.
ED has provisionally attaches over 42 properties of Reliance Anil Ambani Group worth more than Rs. 3,083 Crore on 31/10/2025 under the provisions of PMLA, 2002. 30 properties of Reliance Infrastructure Limited, 5 properties of Adhar Property Consultancy Private Limited, 4… pic.twitter.com/NHIRqW3bV3
— ED (@dir_ed) November 3, 2025
The agency alleged that RHFL and RCFL issued loans to group-linked entities without due diligence. “Several loans were processed and disbursed on the same day, with incomplete or undated documentation,” the ED spokesperson said, adding that in some cases, funds were released even before loan applications were filed.
The ED also uncovered serious control lapses, including inadequate security creation, weak borrower credentials, and fund diversion through on-lending and bill discounting schemes. The investigation has expanded to include Reliance Communications Ltd (RCOM) and related companies, where over ₹13,600 crore is suspected to have been diverted.
A spokesperson for the agency said, “Recoveries made by the ED will ultimately benefit the general public, as proceeds of crime are traced and secured.”
