ED attaches ₹1,021 crore assets in RHFL probe
after close1 source ↓written by the desknot a recommendation
- seized now exceed
- ₹20,367 crore
- diverted through shell
- ₹15,548 crore
The Enforcement Directorate (ED) has attached assets worth ₹1,021 crore in its ongoing money laundering investigation involving Reliance Home Finance Ltd and Reliance Commercial Finance Ltd. Total assets seized now exceed ₹20,367 crore, with allegations of ₹15,548 crore diverted through shell entities.
This significant development may impact market sentiment towards the Anil Ambani Group and related financial sectors as regulatory scrutiny intensifies.
Not investment advice. For informational purposes only.