5 months ago
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ARTICLE AD BOX
NEW DELHI: In its ongoing wealth laundering probe against Anil Ambani's Reliance Group entities, ED Thursday said the peculiar task unit constituted astatine its office present has attached much assets, worthy implicit Rs 1,452 crore, including aggregate buildings successful Dhirubhai Ambani Knowledge City (DAKC) and Millennium Business Park, Navi Mumbai, arsenic good arsenic plots of onshore and buildings successful Pune, Chennai and Bhubaneswar.
The full attachments successful the lawsuit present basal astatine Rs 9,000 crore.The ED's probe nether Prevention of Money Laundering Act (PMLA) is based connected a CBI FIR against Reliance Communications Ltd (RCom), Anil Ambani and others, the bureau said. "It whitethorn beryllium recalled that Enforcement Directorate (ED) had earlier attached properties worthy implicit Rs 7,545 crore successful the slope fraud cases related to RCom, Reliance Commercial Finance Ltd and Reliance Home Finance Ltd," it added.A spokesperson for Anil Ambani, however, said, "Anil D Ambani is successful nary mode progressive with RCom and has resigned six years ago...the attached assets beryllium to RCom, which has not been a portion of the Reliance radical since 2019."ED further said that RCom and its radical companies had availed loans from home and overseas lenders from 2010-2012 onwards, of which a full magnitude of Rs 40,185 crore was outstanding. At slightest 9 banks person declared the indebtedness accounts of the radical arsenic fraud.
"Investigation revealed that loans taken by 1 entity from 1 slope were utilised for repayment of loans taken by different entities from different banks, transportation to related parties, and investments successful communal funds," ED said. The probe further revealed RCom and its radical companies had diverted implicit Rs 13,600 crore for evergreening of loans; implicit Rs 12,600 crore was diverted to connected parties; and implicit Rs 1,800 crore invested successful FDs/MFs etc.
