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ED Raids Uncover Alleged Rs 3,000 Crore Money Laundering in Anil Ambani's Reliance Group
DELHI, INDIA, JUL 24 – The Enforcement Directorate targets over 50 firms and 25 individuals in a probe uncovering alleged Rs 3,000 crore loan diversion and bribery linked to Yes Bank and Reliance Anil Ambani Group.
- The Enforcement Directorate conducted raids on July 24, 2025, at over 35 premises linked to Anil Ambani's Reliance Group in Mumbai and Delhi.
- The raids were initiated following CBI FIRs and information provided by financial authorities concerning an alleged Rs 3,000 crore loan diversion linked to Yes Bank during the period spanning 2017 to 2019.
- Preliminary investigations revealed gross violations in loan approvals, including back-dated credit memorandums and investments without due diligence likely favoring Reliance Anil Ambani Group companies.
- Officials confirmed the investigation involves a scheme to divert public funds by cheating banks, shareholders, and public institutions and possible bribery of Yes Bank officials and promoters.
- These findings suggest major compliance lapses within the financial transactions of Anil Ambani's group, with investigations ongoing under anti-money laundering regulations.
40 Articles
40 Articles
ED raids over 35 premises, 50 companies in alleged money laundering case linked to Anil Ambani
The Enforcement Directorate on Thursday conducted raids at more than 35 premises and searched 50 companies and 25 persons as part of its money-laundering investigation into industrialist Anil Ambani’s Reliance Group companies, ANI reported.The investigation is based on two first information reports filed by the Central Bureau of Investigation on September 19, 2022, according to the Hindustan Times. The FIRs pertained to two separate loans given …
ED Raids Uncover Alleged Rs 3,000 Crore Money Laundering in Anil Ambani's Reliance Group
ED Raids Uncover Alleged Rs 3,000 Crore Money Laundering in Anil Ambani's Reliance Group In a high-profile financial scandal, the Enforcement Directorate (ED) launched an extensive probe into the alleged Rs 3,000 crore bank loan fraud involving companies under Anil Ambani’s Reliance Group. Official sources confirmed that multiple raids were conducted across Mumbai, investigating the dubious transactions.Initially triggered by a series of reports…
ED conducts searches at more than 35 premises linked to Anil Ambani: ‘Well-planned scheme to siphon off public money’
Anil Ambani's Reliance ED Raids Latest News Updates: An investigation by the Enforcement Directorate has allegedly found gross violations in Yes Bank loan approvals to Reliance Anil Ambani Group companies.
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