ED Files Chargesheets Against Anil Ambani Group Firms, Ex-Executives in ₹40,185 Cr Money L

Home / Top Stories ED Files Chargesheets Against Anil Ambani Group Firms, Ex-Executives In ₹40,185 Cr Money Laundering Cases X ED files PMLA complaints in two Anil Ambani Group cases. The Enforcement Directorate names Anil Ambani Group firms RCOM and Reliance Infrastructure, alongside former top officials, in two separate PMLA complaints over bank fraud. The Enforcement Directorate (ED) has filed prosecution complaints in two separate money laundering cases involving Reliance Infrastructure Limited (RInfra), Reliance Communications Limited (RCom) and former executives of the Reliance Anil Ambani Group. The complaints were filed on August 8 before special courts under the Prevention of Money Laundering Act (PMLA) in Delhi. The first prosecution complaint was filed before the special PMLA court at Dwarka against RInfra, former group executive Sateesh Seth and others. The second is a supplementary prosecution complaint filed before the special PMLA court at Rouse Avenue in the RCom case. According to the ED, the RInfra case originated from an FIR registered by the Mumbai Police Economic Offences Wing in February. The agency alleged that shell entities were incorporated and operated using forged documents and bank accounts to route funds and outward remittances through fictitious invoices relating to over-valued diamond exports. The ED's investigation allegedly uncovered an organised scheme to divert funds from four toll-road projects awarded by the National Highways Authority of India (NHAI): Trichy-Karur, Trichy-Dindigul, Salem-Ulundurpet and Jaipur-Reengus. The projects were financed through NHAI grants as well as loans from banks and financial institutions. The agency has alleged that around ₹187 crore was siphoned off during September and October 2010 through sham, post-facto or back-dated arrangements for fictitious sub-contracting work. According to the ED, the funds moved from RInfra, project-specific special purpose vehicles or engineering, procurement and construction contractors to construction contractors and subsequently to shell entities having no connection with road construction. The agency has further alleged that documents were created to present the transfers as genuine project expenditure, while the funds were layered through shell entities and diamond traders. The ED has said it has attached immovable properties and equity shares of Reliance Power held by RInfra, along with land held in the name of Ksheeraabd Constructions, with a combined value of around ₹187 crore. Further investigation into the role of other individuals is continuing, the agency said. Seth, who left the Reliance Group in 2025, was arrested by the ED and is presently in judicial custody. The second prosecution complaint is a supplementary chargesheet in the money laundering case involving RCom, Reliance Telecom Limited (RTL) and Reliance Infratel Limited. The ED said the case arises from multiple FIRs registered by the Central Bureau of Investigation ( CBI ) concerning alleged diversion of fund-based and non-fund-based credit facilities. The agency's investigation allegedly found that fresh credit facilities were repeatedly used to repay, rotate and evergreen earlier domestic and foreign liabilities instead of being used for the purposes for which the facilities were sanctioned. The ED has alleged that the funds were layered through group companies, specially created conduit entities, multiple bank accounts and liquid mutual funds. According to the agency, the funds were also used to service earlier External Commercial Borrowings and Foreign Currency Convertible Bonds (FCCBs), while being shown as legitimate business expenditure or receipts. The agency has further alleged that loan proceeds were diverted to group companies, including Reliance Infrastructure and Reliance Capital, and were subsequently used to purchase personal assets for promoters outside India. It has also alleged that certain transactions were used to artificially inflate p