ED Attaches Rs 1,021 Crore in Assets Linked to Anil Ambani Group Firms

India's Enforcement Directorate (ED) announced on Saturday the attachment of fresh properties worth Rs 1,021 crore in connection with a financial probe. The assets are linked to two Anil Ambani Group entities — Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL). The ED's action marks a significant escalation in its ongoing investigation into the two firms. Both RHFL and RCFL have previously faced scrutiny over alleged financial irregularities and loan fraud.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.



Discussion (0)
Log in to join the discussion and vote.
Log in