ED attaches ₹1,021 crore assets in RHFL probe
pre-market1 source ↓written by the desknot a recommendation
- seizures now exceed
- ₹20,367 crore
- in public fund
- ₹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 asset seizures now exceed ₹20,367 crore, with allegations of ₹15,548 crore in public fund diversion through shell entities.
This significant development may impact market sentiment towards the Anil Ambani Group, raising concerns over financial stability and regulatory scrutiny.
Not investment advice. For informational purposes only.