ED Action in PMLA Case: Reliance Group Assets Seized

As part of the ongoing investigation into companies owned by Reliance Group Chairman Anil Ambani, the Enforcement Directorate (ED) has taken another significant step. The agency announced that it has recently attached assets worth more than ₹581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL).

According to officials, the attachment has been carried out under the provisions of the Prevention of Money Laundering Act (PMLA). The order covers land and properties belonging to the group located across several states, including Goa, Karnataka, Kerala, Punjab, Tamil Nadu, Uttar Pradesh, Haryana, Jharkhand, Maharashtra, Delhi, West Bengal, Andhra Pradesh and Rajasthan.

The ED stated that the value of the newly attached assets in this investigation stands at ₹581.65 crore. The agency had previously attached other assets linked to the Reliance Group in the same case. Including the latest action, the total value of assets attached so far in the investigation has reached ₹16,310 crore.