Anil Ambani
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.
CBI Reveals Yes Bank's Rs 2,700 Crore Loss from Fraudulent Transactions with Anil Ambani's Companies
Oct 30, 2025 01:55 am CST
The CBI has filed a charge sheet detailing how Yes Bank suffered a Rs 2,796.77 crore loss due to Rana Kapoor's unilateral investments in Anil Ambani's financial companies. The document alleges a criminal conspiracy involving shell companies, quid-pro-quo arrangements, and regulatory violations between 2017-2019, with 13 individuals and entities charged with conspiracy, cheating, and corruption.
Reliance Power CFO Arrested by ED in Rs 68 Crore Bank Guarantee Fraud Investigation
Oct 16, 2025 08:05 pm CST
The Enforcement Directorate has arrested Ashok Kumar Pal, Executive Director and CFO of Reliance Power Limited, in connection with an alleged Rs 68 crore fake bank guarantee case. Pal has been placed in judicial custody following extensive questioning, with Reliance Power claiming to be a victim of third-party fraud while distancing Anil Ambani from the matter. The arrest follows broader ED investigations into Reliance Group companies.
Reliance Power CFO Arrested: ED Detains Anil Ambani's Aide in Rs 68 Crore Bank Guarantee Fraud Case
Oct 11, 2025 01:55 pm CST
The Enforcement Directorate has arrested Ashok Kumar Pal, CFO of Reliance Power and aide to Anil Ambani, for alleged money laundering involving fake bank guarantees worth Rs 68 crore submitted to a government energy corporation. The case connects to broader investigations into the Ambani group concerning potential loan diversions exceeding Rs 17,000 crore across multiple companies, with authorities uncovering sophisticated fraud techniques including spoofed banking domains and shell companies.
Bombay High Court Dismisses Anil Ambani's Challenge to SBI's Fraud Classification of Accounts
Oct 03, 2025 08:39 pm CST
The Bombay High Court has rejected industrialist Anil Ambani's petition against State Bank of India's classification of his and Reliance Communications' accounts as fraudulent. The ruling comes amid allegations of fund misappropriation amounting to Rs 2,929.05 crore, which has prompted a CBI investigation into the matter.
ED Conducts FEMA Raids at Reliance Infrastructure Locations Over Alleged Illegal Foreign Remittances
Oct 01, 2025 12:52 am CST
The Enforcement Directorate has conducted searches at six locations linked to Anil Ambani's Reliance Infrastructure in Maharashtra and Madhya Pradesh as part of a FEMA investigation into alleged illegal foreign remittances. The company claims the matter dates back 15 years and involves a domestic highway contract with no foreign exchange component, while asserting the raids have not impacted business operations or stakeholders.
CBI Chargesheets Anil Ambani, Rana Kapoor In Rs 2,796 Crore Corruption Case
Sep 19, 2025 12:02 am CST
The CBI filed a chargesheet on Thursday against Anil Ambani and others over alleged fraudulent transactions causing a loss of Rs 2,796 crore to the bank, officials said.