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In a significant step-up in its probe into money laundering, the Enforcement Directorate (ED) has slapped provisional attachments on 40 properties connected to Anil Ambani's Reliance Group, with a combined worth topping Rs 3,084 crore.
Issued through four distinct orders under the Prevention of Money Laundering Act (PMLA), the freeze covers high-profile assets like Ambani's Mumbai residence in Pali Hill and valuable commercial plots.
The crackdown highlights the ED's determination to tackle suspected financial foul play inside the group, as part of a wider scrutiny of loan scams running into more than Rs 17,000 crore.
Origins of the Investigation: Suspected Siphoning of Yes Bank Funds
The ED’s ongoing investigation zeroes in

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