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ED Attaches Mumbai Property Worth ₹3,716 Crore Linked to Anil Ambani

The Enforcement Directorate attached Anil Ambani’s Mumbai residence worth Rs 3,716 crore, part of Rs 15,700 crore in assets seized linked to alleged Reliance Communications bank fraud.

  • On February 25, 2026, the Enforcement Directorate provisionally attached Anil Ambani's Mumbai residence Abode under the Prevention of Money Laundering Act, seizing the 66-meter, 17-storey Pali Hill tower valued at Rs 3,716.83 crore.
  • A CBI FIR charging Reliance Communications Ltd and Anil Ambani led investigators to probe Rs 40,185 crore outstanding loans turning into NPAs under IPC sections 120-B, 406 and 420.
  • Investigators found the property was routed into the RiseE Trust, a private family trust of Anil Ambani's family, aiming to preserve wealth and shield it from recovery tied to his RCOM guarantees.
  • The move increases cumulative seizures to about Rs 15,700 crore, following a prior Rs 473.17 crore attachment, and Anil Ambani, age 66, faces renewed questioning slated soon as the ED intensifies its probe.
  • The ED officials frame the seizure as part of efforts to trace proceeds from RCOM's alleged fraudulent banking dealings, aiming to protect public funds and the financial system.
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The action was taken in connection with an alleged bank fraud case involving Anil Ambani's group company, Reliance Communications. The property is estimated to be worth ₹3,716.83 crore.

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nagpurtoday.in broke the news in on Wednesday, February 25, 2026.
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