ED attaches Anil Ambani's Rs 3,716-crore Mumbai home in money laundering case

In a sweeping escalation of its money laundering probe, the Enforcement Directorate has attached Reliance Group chairman Anil Ambani’s 17-storey Mumbai residence ‘Abode’, pegged at Rs 3,716.83 crore, in connection with an alleged bank fraud involving his group company Reliance Communications.

Official sources said on Wednesday that a provisional attachment order has been issued under the Prevention of Money Laundering Act PMLA against the 66-metre-high luxury property located in Mumbai’s Pali Hill area. With this action, the total value of assets attached in the case has risen to around Rs 15,700 crore.

Ambani, 66, is expected to appear before the agency in Delhi for a second round of questioning. He had first deposed



before the ED in August 2025, when his statement was recorded under the PMLA.

The attachment is part of a wider investigation into alleged financial irregularities and loan diversion by Reliance Communications RCOM. The ED’s action follows two FIRs registered by the Central Bureau of Investigation which relate to allegations of cheating, bribery and diversion of public funds by entities within the Reliance Anil Ambani Group, often referred to as RAAGA companies.

Search operations have been conducted at over 35 premises linked to companies and executives associated with the group under Section 17 of the PMLA. The action spanned more than 50 companies and involved questioning of over 25 individuals in Mumbai and Delhi.