fund diversion
ED Attaches Rs 1,120 Crore Assets in Major Fraud Investigation Against Anil Ambani's Reliance Group
Dec 05, 2025 05:04 pm CST
The Enforcement Directorate has seized Rs 1,120 crore in assets from Reliance Anil Ambani Group companies in connection with alleged bank fraud involving RHFL, RCFL, and Yes Bank. This latest action brings total attachments to Rs 10,117 crore as investigations reveal complex fund diversion schemes exceeding Rs 11,000 crore through various group entities.
ED Attaches Rs 1,452 Crore Assets in Anil Ambani's Reliance Group Bank Fraud Investigation
Nov 20, 2025 11:04 pm CST
The Enforcement Directorate has attached fresh assets worth Rs 1,452 crore in the ongoing bank fraud investigation against Anil Ambani's Reliance Group, bringing the total attached properties to Rs 8,997 crore. The case involves allegations of fund diversion, loan evergreening, and financial irregularities by Reliance Communications and related entities, with outstanding dues amounting to Rs 40,185 crore.
Al Falah University Founder Arrested: Inside the Terror Financing Money Laundering Investigation
Nov 19, 2025 02:03 am CST
Enforcement Directorate arrests Jawad Ahmed Siddiqui, founder of Al Falah University, under PMLA for terror financing and money laundering. The university has links to the Delhi blast that killed 15 people, with evidence showing crores of rupees diverted to family entities through shell companies. Authorities seized cash, documents, and identified connections to terror organizations Jaish-e-Mohammed and Ansar Ghazwat-ul-Hind.
ED Seizes Rs 4,462 Crore Worth of Assets from Anil Ambani Group Including Knowledge City Land
Nov 04, 2025 12:07 am CST
The Enforcement Directorate has attached over 132 acres of Dhirubhai Ambani Knowledge City land worth Rs 4,462.81 crore in its investigation against the Anil Ambani Group. This action, along with earlier seizures including a Pali Hill residence and Delhi's Reliance Centre, brings total attached assets to Rs 7,500 crore in connection with alleged fund diversion and money laundering from various Reliance entities.
Enforcement Directorate Attaches Rs 3,084 Crore Assets of Anil Ambani's Reliance Group in Money Laundering Probe
Nov 03, 2025 12:56 pm CST
The Enforcement Directorate has provisionally attached assets worth Rs 3,084 crore belonging to Anil Ambani's Reliance Group across nine Indian cities. The investigation focuses on alleged diversion and laundering of public funds raised through Reliance Home Finance Limited and Reliance Commercial Finance Limited between 2017-2019, with Yes Bank investments of over Rs 5,000 crore that later became non-performing assets.
Cobrapost Alleges Massive Rs 41,921 Crore Financial Fraud by Anil Ambani's Reliance Group: Company Strongly Denies Claims
Oct 30, 2025 10:43 pm CST
Investigative portal Cobrapost has accused Anil Ambani's Reliance Group of orchestrating a Rs 41,921 crore financial fraud through systematic fund diversion since 2006, involving both domestic and offshore entities. The Reliance Group has firmly denied these allegations, describing them as a malicious campaign by competitors seeking to crash stock prices and acquire valuable group assets.
Case Filed Against Ex-CFO Of Online Gaming Company For Diverting Funds
Sep 17, 2025 12:29 am CST
A case has been registered against the former Group Chief Financial Officer of an online gaming company for allegedly diverting company funds to invest in future and options trading, leading to an estimated loss of Rs 250 crore, police said