ED seizes additional Reliance ADA Group assets valued at ₹1,021 crore

The Enforcement Directorate (ED) has seized assets totaling ₹1,021 crore as part of its continuing money laundering inquiry into the Anil Ambani-headed Reliance ADA Group. This recent action brings the cumulative value of assets attached throughout the investigation to ₹2,0367 crore. The case centers on accusations of bank fraud, the siphoning of loan money, and potential money laundering activities connected to firms linked to the group.

by shortkt.com
2 hours ago
ED seizes additional Reliance ADA Group assets valued at ₹1,021 crore | ShortKT