The Enforcement Directorate (ED) has attached additional assets worth Rs 1,021 crore in its money laundering investigation involving Reliance Home Finance Ltd (RHFL) and Reliance Commercial Finance Ltd (RCFL).
With this, the total value of assets attached in the Anil Ambani-led Reliance Group cases has reached Rs 20,367 crore under the PMLA, following CBI cases linked to complaints from public and private sector banks.
The ED alleged that Rs 15,548 crore in public funds raised by RHFL and RCFL was diverted through a network of shell and group companies linked to the Reliance Anil Ambani Group. The latest attached assets include Reliance Power shares held by Reliance Infrastructure and certain loan receivables, while the agency has conducted over 80 searches, filed multiple prosecution complaints, and arrested eight senior officials and associates.
