ED Attaches ₹510 Crore Assets in Anil Ambani Group Cases
The Enforcement Directorate has attached assets worth ₹510 crore in cases against the Reliance Anil Ambani Group, including two chartered planes. The agency alleges the group siphoned off public funds from banks and financial institutions. So far 10 people have been arrested and six prosecution complaints filed under the Prevention of Money Laundering Act.
Context
Context: The Enforcement Directorate investigates money laundering and financial fraud under the Prevention of Money Laundering Act. Attaching assets means the agency holds them while the court case continues, and it comes before any final decision.
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