Times of India | Money laundering case: ED attaches Mumbai flat, farmhouse of Anil Ambani

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The Enforcement Directorate (ED) has attached additional family assets of Anil Ambani and his Reliance group worth about ₹3,035 crore, including a flat in Mumbai’s Usha Kiran building, a farmhouse in Khandala (Pune), a land parcel in Sanand, Ahmedabad, and shares of Reliance Infrastructure Ltd held through a family trust, bringing total attachments in the ongoing money‑laundering case to roughly ₹20,000 crore. The agency says the properties were seized under the Prevention of Money‑Laundering Act to prevent asset dissipation and protect banks and the public, as Reliance Communications is alleged to have defaulted on over ₹40,000 crore of loans and siphoned public funds. ED clarified that the flat is registered in Anil Ambani’s name, the farmhouse is held by Luna Trust and his son Jai Anshul Ambani, and the Sanand land belongs to the Mudra Foundation for Communications Research and Education. The attached assets will be retained until due legal process determines legitimate claimants, with the aim of eventually recovering the money for victim banks and the public.

Read more: https://timesofindia.indiatimes.com/india/ed-attaches-mum-flat-farmhouse-of-anil-ambani/articleshow/130592851.cms

#AnilAmbani #EnforcementDirectorate #RelianceGroup #RelianceCommunications #KokilabenAmbani #JaiAnshulAmbani

Times of India | Bank fraud case: CBI arrests 2 senior executives of Anil’s Reliance Communications

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The CBI arrested two senior Reliance Communications (RCOM) officials—joint president D Vishwanath and vice‑president Anil Kalya—after a State Bank of India complaint alleged massive fund‑misuse that caused public‑sector lenders to incur losses amounting to ₹2,929 crore for SBI alone and a total wrongful loss of about ₹19,694.3 crore across a consortium of 17 banks and financial institutions. The investigation uncovered that RCOM had routed transactions through a network of shell entities controlled by company officers. In response, the Reliance Group clarified that RCOM is no longer part of the group, has been under corporate insolvency resolution since 2019, and that Anil Ambani was not involved in its day‑to‑day operations.

Read more: https://timesofindia.indiatimes.com/india/cbi-arrests-2-senior-reliance-communications-executives/articleshow/130404650.cms

#CBI #RelianceCommunications #SBI #AnilAmbani #InsolvencyCode #DVishwanath #AnilKalya

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ரிலையன்ஸ் கம்யூனிகேஷன் நிறுவனத்தின் இயக்குநர் பொறுப்பில் இருந்து அனில் அம்பானி ராஜினாமா.

அனில் அம்பானியுடன் மற்ற இயக்குநர்கள் சாயா விரானி, ரைனா கரானி, மஞ்சரி, சுரேஷ் ரங்காச்சரும் ராஜினாமா

#AnilAmbani #Reliance #Ambanis #reliancecommunications