The Enforcement Directorate conducted searches in Maharashtra and Madhya Pradesh on Tuesday as part of a FEMA investigation against the Anil Ambani Group company, Reliance Infrastructure , according to official sources .

At least six premises in Mumbai and Mhow in Indore were raided, they said.

The searches are part of a Foreign Exchange Management Act (FEMA) investigation being conducted against Reliance Infrastructure on charges of making some illegal remittances abroad, they said.

ED investigations against Anil Ambani

The ED has already been investigating alleged financial irregularities and collective loan “diversion” pegged at more than Rs 17,000 crore by multiple group companies of Anil Ambani, including Reliance Infrastructure (R Infra), under the criminal provisions

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