The CBI conducted searches at 15 locations in Delhi and Mumbai in connection with cases against Reliance Commercial Finance Ltd. and Reliance Home Finance Ltd. The agency alleged diversion of borrowed bank funds through linked entities, causing losses of about ₹27,337 crore
The Enforcement Directorate has attached assets worth Rs 3,084 crore linked to Anil Ambani, his group companies, and related entities under the PMLA in a money laundering probe involving alleged diversion of public funds and loan irregularities exceeding Rs 17,000 crore
Cobrapost has alleged that the Anil Ambani-led Reliance Group diverted Rs 28,874 crore using shell companies and offshore entities across multiple countries. The report claims funds were routed through subsidiaries and SPVs before being written off. The group denied the allegations
