The Enforcement Directorate has attached assets worth ₹510 crore, including two aircraft, in a money laundering investigation against the Reliance Anil Ambani Group
The Enforcement Directorate on Tuesday said it has attached assets worth ₹510 crore, including two aircraft, as part of an alleged bank fraud-linked money laundering investigation against the Reliance Anil Ambani Group (RAAG).
The probe is related to allegations against Reliance Home Finance Limited (RHFL)/Reliance Commercial Finance Ltd. (RCFL) of ₹263.05 crore fraud and against Reliance Communication Ltd. (RCOM) for ₹247.12 crore fraud.
A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach the properties worth ₹510 crore, it said.
In the RCOM case, the attached assets include 2 chartered aircraft, 6 land parcels and an office premise in Maharashtra, the ED said in a statement.