Reliance Power, R Infra Issue Clarification: ED Raids Against Anil Ambani Group Companies; Here’s What the Companies Said

Reliance Power, R Infra issue clarification: ED raids against Anil Ambani group companies; here’s what the companies said

The Enforcement Directorate conducted raids across Mumbai, investigating a Rs 3,000 crore money laundering case allegedly involving Anil Ambani's Reliance Group companies and loans from Yes Bank. The probe focuses on alleged fund diversions and breaches in loan approvals, with scrutiny on connections between payments to Yes Bank promoters and loan disbursements.

Anil Ambani Raided: ED Probes Over 35 Premises, 50 Companies, 25 People

The Enforcement Directorate is raiding premises linked to Reliance Group chairman Anil Ambani in Delhi and Mumbai in connection with a money laundering case, sources said.