The Enforcement Directorate (ED) has attached additional assets valued at more than ₹1,400 crore in its ongoing investigation against Anil Ambani’s Reliance Group, officials said on Tuesday.
The attachment was made under the Prevention of Money Laundering Act (PMLA) as part of a probe linked to alleged financial irregularities and loan defaults involving multiple group companies. The assets include properties and investments spread across several locations, the agency said.
According to the ED, the action follows fresh evidence indicating diversion of bank loans and fund misuse. The agency has already issued multiple summons to company executives and continues to scrutinize transactions made over the past several years.
Further details on the nature of the attached properties and the next steps in the investigation are expected from the agency in the coming days.
