Reliance Group probe: ED says total attachments reach Rs.23,100 crore
The Enforcement Directorate (ED) on Tuesday said it has attached assets worth Rs.510 crore, including two aircraft, as part of an alleged bank fraud-linked money laundering investigation against the Reliance Anil Ambani Group. The probe is related to allegations against Reliance Home Finance Limited (RHFL)/ Reliance Commercial Finance Ltd. (RCFL) of Rs.263.05 crore fraud and against Reliance Communication Ltd. (RCOM) for Rs.247.12 crore fraud.
A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach the properties worth Rs.510 crore, said ED in a statement showing photos of the two attached aircrafts used by Anil Ambani.
ED has attached assets worth ₹510 Crore under PMLA, 2002 in the RCOM (₹247.12 Cr) and RHFL/RCFL (₹263.05 Cr) bank fraud cases. These include 2 aircrafts, 6 land parcels, an office premises, 2 windmills, bank balances and FDs. Cumulative attachments in the Reliance ADA Group cases now stand at about ₹23,100 Crore.
— ED (@dir_ed) November 3, 2026
In the RCOM case, the attached assets include 2 chartered aircraft, 6 land parcels and office premises in Maharashtra, said ED. In the RHFL/ RCFL case, two wind mills in Tamil Nadu, bank balances, fixed deposits and investments have been attached, it added.
The aircraft are a Dassault Falcon 2000 and an Embraer.
The agency claimed its probe found that the Group was involved in siphoning off public funds from banks and financial institutions, misuse of IBC (Insolvency and Bankruptcy Code) law to fraudulently ring-fence corporate assets for personal use and diversion of public funds from India to offshore tax havens.
“A large part was utilised for the individual benefit of the promoters and their family,” the agency alleged. The ED has arrested 10 individuals in these cases and filed six chargesheets, apart from initiating a separate probe under the Foreign Exchange Management Act (FEMA). With the latest order, the total attachment and seizure of assets in this case stands at Rs.23,100 crore. ED has already attached Anil Ambani’s 17-storey home – Adobe – in Pali Hill, Bandra West, and Dhirubhai Ambani Knowledge City in Mumbai.
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