India Mornings
India Morning
Global News Portal
Saturday, March 7, 2026
Loading latest news...
News6 March 20266 views

ED Raids Multiple Locations Linked to Anil Ambani in Loan Fraud Case

P
Puja Nitnaware
Published in General
ED Raids Multiple Locations Linked to Anil Ambani in Loan Fraud Case

Famous businessman Anil Ambani has once again come under action from the Enforcement Directorate (ED).

Mumbai: Famous businessman Anil Ambani has once again come under action from the Enforcement Directorate (ED). On Friday, ED teams carried out raids at many places connected to companies of his group. Reports say that raids are happening at around 10 to 12 locations and about 15 ED teams are taking part in the operation.

One of the companies under the scanner is Reliance Power. The raids are linked to a bank loan fraud case. Officials believe that there were problems and rule violations when loans were taken from banks.

Earlier, ED had also taken action on Ambani’s properties. Last month, his luxury house “Abode” in Mumbai was temporarily seized by the agency. The value of this house is said to be around ₹3,716 crore.

The case is being investigated under the Prevention of Money Laundering Act (PMLA). According to the Press Trust of India (PTI), ED has issued temporary orders to seize some assets linked to the case.

Earlier in August 2025, Anil Ambani was questioned by ED and his statement was recorded. The agency has also taken action in cases related to companies like Reliance Communications, Reliance Commercial Finance and Reliance Home Finance. In these cases, properties worth about ₹8,997 crore were attached.

Overall, the ED has taken action on assets worth more than ₹15,000 crore linked to companies of Anil Ambani’s group, and the investigation is still going on.

Tags:##ED raids#Anil Ambani#Reliance Communications#Mumbai news#Maharashtra news

Want to Grow Your Business?

Partner with India Morning and reach thousands of readers daily.

Contact us for Ads
Email: indiamorning01@gmail.com

Recommended Stories

सीमेपलीकडचं युद्धही वास्तव; नागपुरातून राजनाथ सिंह यांचा ठाम इशारा

संरक्षण मंत्री राजनाथ सिंह यांच्या नागपूर दौऱ्यात नितीन गडकरी यांची भेट, खासगी संरक्षण उद्योगांवर सरकारचा विश्वास अधोरेखित

Jan 19, 2026
105
Read More →

First-Ever Sunday Budget: Sitharaman to Present on Feb 1

Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 on Sunday, February 1, marking the first-ever Sunday budget in India.

Jan 9, 2026
61
Read More →

High alert after Trump’s warning, Americans told to leave 14 Nations

Fighting between the United States and Iran has become very serious.

Mar 3, 2026
4
Read More →
Contact us for Ads: indiamorning01@gmail.com