The Enforcement Directorate has attached further Anil Ambani Group assets worth ₹510 crore, including two aircraft, six land parcels, an office in Maharashtra and two windmills in Tamil Nadu, in two bank fraud cases, taking its total attachments and seizures in the Reliance Anil Ambani Group probes to about ₹23,100 crore.
New Delhi: The Enforcement Directorate (ED) on Tuesday, November 3, said it has attached assets worth ₹510 crore under the Prevention of Money Laundering Act, 2002 in two bank fraud cases involving the Reliance Anil Ambani Group: the Reliance Communication Limited (RCOM) case, involving ₹247.12 crore, and the Reliance Home Finance Limited / Reliance Commercial Finance Limited (RHFL/RCFL) case, involving ₹263.05 crore.
The attached properties include aircraft, bank balances, fixed deposits, immovable property, receivables and investments. With these attachments, the agency said, the assets attached or seized across its cases against the group under the PMLA and the Foreign Exchange Management Act (FEMA) now stand at about ₹23,100 crore.
What has been attached
In the RCOM case, the attached assets are two chartered aircraft, six land parcels and one office premises in Maharashtra. The aircraft shown by the agency are a Dassault Falcon 2000 bearing registration VT-AAT and an Embraer EMB-135BJ (Legacy 650) bearing registration VT-OMM.
In the RHFL/RCFL case, the ED has attached two windmills in Tamil Nadu along with bank balances, fixed deposits, investments and receivables.
Background of the investigation
The ED said its investigation began on the basis of multiple FIRs registered by the Central Bureau of Investigation (CBI), the Economic Offences Wing (EOW) of the Delhi Police and the EOW of the Mumbai Police. It has also investigated two cases under FEMA.
The companies under investigation are Reliance Communication Ltd, Reliance Home Finance Ltd, Reliance Commercial Finance Ltd, Reliance Infrastructure Ltd, Reliance Power Ltd and Reliance Capital Ltd.
Setting out the agency’s case against the group, the ED’s statement said:
“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 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 utilized for the individual benefit of the promoters and their family.”
These are the agency’s allegations. No court has ruled on them, and the persons and companies concerned are entitled to the presumption of innocence. A spokesperson for Anil Ambani has denied any wrongdoing in an earlier case against Reliance Capital, and the group has contested the investigations against it.
Arrests and prosecution complaints
The ED said it has so far arrested 10 individuals in these cases and filed six prosecution complaints under the PMLA, besides one complaint under the provisions of FEMA. Further investigation is under way.
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Why the attachment matters
An attachment under Section 5 of the PMLA is provisional. It prevents the owner from transferring or dealing with the property, but it lasts for 180 days unless the Adjudicating Authority under the Act confirms it under Section 8 after hearing the affected parties. Confiscation of the property follows only if the money-laundering charge is proved at trial. The owners can contest the attachment before the Adjudicating Authority and then before the Appellate Tribunal.
The latest attachment continues a steady rise in the ED’s attachments in the group cases: the agency’s figure stood at over ₹19,344 crore in April 2026 and is now about ₹23,100 crore. With six prosecution complaints already filed, the questions of whether the ED can prove that these assets are proceeds of crime, and whether the attachments survive adjudication, will be decided by the Adjudicating Authority and the Special PMLA Court.
Agency: Enforcement Directorate
Cases: Reliance Communication Limited bank fraud case (₹247.12 crore); Reliance Home Finance Limited / Reliance Commercial Finance Limited bank fraud case (₹263.05 crore)
Law: Prevention of Money Laundering Act, 2002
Date of press release: November 3, 2026