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ED attaches Anil Ambani’s Rs 1.12K-crore assets

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Industrialist Anil Ambani. File
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The Enforcement Directorate (ED) has provisionally attached over eighteen properties, fixed deposits, bank balance and shareholding in unquoted investments of Reliance Anil Ambani Group worth Rs 1,120 crore.

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In a statement, the agency said that the attachments have been made in connection with the alleged bank fraud cases of the Reliance Anil Ambani Group under the Prevention of Money Laundering Act. With this, the total attachment in the cases now stands at Rs 10, 117 crore, so far. Among the properties under attachment are seven of Reliance Infrastructure Limited, two of Reliance Power Limited, and nine properties owned by Reliance Value Services Pvt Ltd.

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