ED Intensifies Action Against Anil Ambani’s Reliance Group with Fresh Asset Attachments
The Enforcement Directorate (ED) has attached fresh assets worth over Rs 1,400 crore linked to Reliance Group Chairman Anil Ambani, his companies, and associated entities in a money laundering probe. Combined with earlier attachments of Rs 7,500 crore, the total value now stands at approximately Rs 9,000 crore.
Key Developments
- ED attaches fresh assets worth Rs 1,400+ crore in Anil Ambani money laundering case
- Total attachments now reach approximately Rs 9,000 crore
- Ambani skips ED summons for second time, offers virtual appearance
- Supreme Court issues notices for court-monitored probe into alleged banking fraud
Latest Asset Attachment Details
The federal investigative agency issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) for assets located across various parts of the country. A response from the Reliance Group is currently awaited regarding these developments.
Ambani Skips ED Summons
Reliance Group Chairman Anil Ambani refused to appear before the Enforcement Directorate for the second time on Monday in a Foreign Exchange Management Act (FEMA) case. The businessman repeated his earlier offer to depose via “virtual appearance/recorded video” – the same position he took when skipping the first summons on November 14.
The ED rejected Ambani’s virtual appearance offer and issued fresh summons for Monday. It remains unclear whether the agency will issue a third summons. According to sources, the investigation pertains to the Jaipur-Reengus highway project.
Broader Investigation Context
The ED has recorded statements from various individuals, including alleged hawala dealers, before deciding to summon Ambani. The businessman has previously been questioned by the ED in a money laundering case linked to an alleged Rs 17,000-crore bank fraud against his group companies.
Supreme Court Intervention
In a separate development, the Supreme Court issued notices to the Centre, CBI, ED, Anil Ambani and others on a Public Interest Litigation (PIL) seeking a court-monitored probe into alleged massive banking and corporate fraud involving Reliance Communications (RCOM), its group companies and their promoter.
