Enforcement Directorate Attaches ₹510-Crore Assets of Anil Ambani Group in Loan Diversion Probe
The Enforcement Directorate has attached properties and assets worth ₹510 crore linked to the Anil Ambani Group in connection with an ongoing financial investigation. The provisional attachment includes two aircraft and land parcels situated across six prime locations. With this action, the cumulative value of assets provisionally attached by federal financial investigators in related group probes has reached approximately ₹23,100 crore. The investigation focuses on alleged diversion of corporate loans sanctioned by consortium lenders, where institutional funds were reportedly routed through labyrinthine entity structures. Investigators are analyzing whether shell companies and unsecured inter-corporate deposits were deployed to move funds away from pledged project accounts. Summons and property disclosures have been directed to key managerial entities associated with earlier management structures. The agency noted that scrutiny covers potential breaches under prevention of money laundering statutes tied to non-performing debt exposures. Defense legal teams representing the affiliated enterprises maintain that earlier transactions complied with commercial insolvency and restructuring parameters. The attached properties will remain restricted under statutory orders pending final confirmation proceedings before the judicial appellate tribunal.
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