ED attaches ₹10,117 crore assets; Reliance companies clarify bulk relates to RCOM

Reliance Power has issued a statement addressing reports about the Enforcement Directorate provisionally attaching assets worth Rs 10,117 crore due to an alleged violation of PMLA. The company clarified that a large portion of the value, Rs 8,078 crore, relates to Reliance Communications, which has been separated from the Reliance Group since 2019 and is currently in insolvency proceedings.

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