Anil Ambani appears before ED in money laundering case
What's the story
Anil Ambani, the chairman of Reliance Group, has appeared before the Enforcement Directorate (ED) in Delhi. The questioning session is related to a money laundering case. This comes a day after his Mumbai residence worth ₹3,716 crore was attached by the agency. The property in question is 'Abode,' a 66-meter high building with 17 floors located at Pali Hill in Mumbai.
Legal action
ED is investigating bank fraud by Reliance Communications
The ED has issued a provisional order under the Prevention of Money Laundering Act (PMLA) to attach 'Abode.' A portion of this property, worth ₹473.17 crore, was similarly attached by the ED in November 2025. The action is part of an investigation into an alleged bank fraud by Reliance Communications (RCOM), one of Ambani's group companies.
Financial scrutiny
Total value of assets attached hits ₹15,700 crore
With this latest order, the total value of assets attached in this case now stands at around ₹15,700 crore. The agency issues a provisional attachment order against an asset to stop the accused from selling or transferring it during the probe.
Ongoing investigation
ED forms SIT to probe bank fraud cases against ADAG
The ED recently set up a special investigation team to look into several cases of alleged bank fraud and associated financial irregularities against the Anil Dhirubhai Ambani Group (ADAG). This was done on the Supreme Court's orders. Ambani had first appeared before the ED in August 2025, when his statement was recorded under PMLA.