ED Attaches Assets Worth ₹10,117 Crore Linked to Anil Ambani Group
New Delhi, Dec 5 ,2025
The Enforcement Directorate (ED) on Friday announced that it has provisionally attached properties and assets valued at ₹10,117 crore belonging to companies of the Anil Ambani-led Reliance Group in multiple bank fraud investigations.
In its latest action, the ED ordered attachment of 18 properties, fixed deposits, bank balances, and shareholdings in unlisted investments worth ₹1,120 crore. These assets are linked to Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL), and the Yes Bank fraud case.
According to the financial probe agency, the attached assets include:
Seven properties of Reliance Infrastructure Limited
Two properties of Reliance Power Limited
Nine properties of Reliance Value Services Pvt. Ltd.
Fixed deposits and investments held under Reliance Value Services Pvt. Ltd., Reliance Venture Asset Management Pvt. Ltd., Phi Management Solutions Pvt. Ltd., Adhar Property Consultancy Pvt. Ltd., and Gamesa Investment Management Pvt. Ltd.
With this action, the total attachment related to the Anil Ambani group—across fraud cases involving Reliance Communications Ltd. (RCOM), RHFL and RCFL—has now reached ₹10,117 crore, the agency confirmed.
Alleged Diversion of Public Funds
As per the ED, investigations have uncovered large-scale diversion of public funds by group companies including:
Reliance Communications Ltd. (RCOM)
Reliance Home Finance Ltd. (RHFL)
Reliance Commercial Finance Ltd. (RCFL)
Reliance Infrastructure Ltd.
Reliance Power Ltd.
Between 2017 and 2019, Yes Bank reportedly invested:
₹2,965 crore in RHFL instruments
₹2,045 crore in RCFL instruments
By December 2019, these exposures had turned into non-performing investments, with outstanding dues of:
₹1,353.50 crore for RHFL
₹1,984 crore for RCFL
The ED claims both RHFL and RCFL raised over ₹11,000 crore from public funds, a significant portion of which was allegedly diverted instead of being used for intended business purposes.
CBI FIR and Further Investigations
The ED’s probe stems from a CBI FIR filed under relevant sections of the Indian Penal Code and the Prevention of Corruption Act, naming RCOM, Anil Ambani, and several others.
According to investigators:
RCOM and group firms allegedly diverted over ₹13,600 crore to evergreen bad loans
₹12,600 crore was routed to related parties
₹1,800 crore was parked in fixed deposits and mutual funds, which was later liquidated and rerouted within the group
The ED states that the probe is ongoing and further actions to recover misappropriated funds will continue.
