ED Seizes Rs 55 Crore From Reliance Infrastructure In Foreign Exchange Violation Investigation

Dec 10, 2025 09:56 pm CST

The Enforcement Directorate has seized assets worth Rs 54.82 crore, including 13 bank accounts belonging to Reliance Infrastructure Limited under FEMA provisions. The company allegedly diverted funds from NHAI road construction projects through shell companies to overseas accounts in the UAE, disguised as diamond imports without actual deliveries, involving hawala transactions exceeding Rs 600 crore.