The Enforcement Directorate has filed chargesheets in two money-laundering cases involving Reliance Anil Ambani Group companies and former executives. The agency alleged diversion of public and loan funds through shell entities, fictitious transactions and layered accounts, with proceeds of crime running into thousands of crores
The Enforcement Directorate has provisionally attached assets worth ₹3,034 crore linked to Reliance Anil Ambani Group firms, including Reliance Communications and Reliance Infrastructure, in an ongoing money laundering probe under the PMLA, bringing total attachments to Rs 19,344 crore
The Enforcement Directorate conducted raids in Maharashtra and Madhya Pradesh as part of a FEMA probe into Reliance Infrastructure over alleged illegal remittances abroad. The company, facing multiple financial investigations, has denied wrongdoing and cited a court-approved settlement on past exposures
HDFC acquired shares of the Anil Ambani controlled engineering and construction major on account of invocation of pledge through Axis Trustee Services Ltd.
