ED attaches ₹510-crore assets, including two chartered planes, in Reliance Anil Ambani Group cases
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Representational image of Reliance Communications Promoter Director Anil Ambani. | Photo Credit: File
The Enforcement Directorate has attached assets worth ₹510 crore linked to the Reliance Anil Ambani Group in connection with the cases allegedly against the Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL) and Reliance Communications Limited (RCom), the agency said on Tuesday (November 3, 2026).
In the RCom case, the agency has attached two chartered planes, six land parcels and one office premises in Maharashtra. In the RCFL-RHFL case, two windmills in Tamil Nadu, bank balances, fixed deposits, and investments and receivables have been attached.
“With the above attachments, the ED has cumulatively attached/seized assets worth approximately ₹23,100 crores till date in several cases being investigated against the Reliance Anil Ambani Group under the provisions of PMLA [Prevention of Money Laundering Act] and FEMA [Foreign Exchange Management Act],” said the agency.
“ED investigation into the Reliance Anil Ambani Group revealed that Group was involved in siphoning off of public funds from banks and financial institutions, misuse of IBC [Insolvency and Bankruptcy Code] law to fraudulently ring-fence corporate assets for personal use, diversion of public funds from India to offshore tax havens, etc. A large part was utilised for the individual benefit of the promoters and their family,” it said.
The ED has so far arrested 10 individuals in the cases and filed six prosecution complaints under PMLA. A complaint has also been submitted under FEMA.
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