ED attaches ₹510 crore assets of Anil Ambani group

According to a report by The Hindu, assets worth approximately ₹510 crore linked to the Reliance Anil Dhirubhai Ambani Group have been attached by the Enforcement Directorate (ED). This action has been taken on Tuesday, November 3, 2026, in connection with alleged cases against Reliance Home Finance Limited, Reliance Commercial Finance Limited, and Reliance Communications Limited.

In the investigation of the Reliance Communications case, two chartered planes, six plots of land, and an office premises have been seized by the agency in the state of Maharashtra. In addition to this, under the cases of Reliance Commercial Finance Limited and Reliance Home Finance Limited, two windmills located in the state of Tamil Nadu, bank balances, fixed deposits, as well as investments and receivables have also been attached.

According to the information provided by the agency, with this new attachment action, cumulative attachments or seizures of assets worth approximately ₹23,100 crore have been made so far in various cases being investigated against the Reliance Anil Dhirubhai Ambani Group under the provisions of the Prevention of Money Laundering Act (PMLA) and the Foreign Exchange Management Act (FEMA).

ED's investigation has revealed that this group was involved in siphoning off public funds from banks and financial institutions, misusing the Insolvency and Bankruptcy Code (IBC) law to fraudulently shield corporate assets for personal use, and diverting public funds from India to offshore tax havens. A large portion of this amount was used for the personal benefit of the promoters and their family.

Under this entire matter, 10 individuals have been arrested by the Enforcement Directorate so far. In addition to this, six prosecution complaints have also been filed under the PMLA. A complaint has also been submitted under FEMA in this case.