ED’s fresh Rs 510-crore action takes Anil Ambani Group asset attachments to Rs 23,100 crore

The Enforcement Directorate (ED) on Tuesday said it had attached properties worth Rs 510.17 crore belonging to the Reliance Anil Ambani Group in connection with its ongoing investigations into alleged bank fraud involving several group companies.

The attached assets include two chartered aircraft, bank balances, fixed deposits, land parcels, office premises, receivables and investments. Of the total, assets worth Rs 263.05 crore have been attached in connection with the alleged bank fraud involving Reliance Home Finance Ltd (RHFL) and Reliance Commercial Finance Ltd (RCFL), while assets worth Rs 247.12 crore have been attached in the Reliance Communications Ltd (RCOM) case.

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