Archive · 24 Jul 2025
Reliance Power: ED Actions Have No Impact on Business
The Enforcement Directorate (ED) is investigating Anil Ambani's Reliance Group for possible money laundering connected to loans from Yes Bank.
The ED is looking into whether money was wrongly moved to shell companies and if any bribes were given.
Reliance Power, a separate company, says this investigation doesn't affect them.
The ED is also looking at how Yes Bank approved loans, suspecting some issues.
The Securities and Exchange Board of India (SEBI) is looking into potential issues with a Reliance Group company's loans.
Reliance Power wants to make clear they aren't involved in this investigation.
ED conducted searches linked to Anil Ambani's Reliance Group regarding a money laundering probe related to Yes Bank.
Reliance Power stated that these actions have no impact on its operations, finances, or stakeholders.
The ED is investigating alleged loan diversions to shell companies and possible bribery of Yes Bank officials.
SEBI submitted findings on RHFL, raising concerns over potential irregularities in its loan book.
Reliance Power clarified that it is a separate entity with no business or financial links to RCOM or RHFL.
- Who
- The Enforcement Directorate (ED), Anil Ambani's Reliance Group, and Yes Bank.
- What
- ED conducted searches and investigations into Anil Ambani's Reliance Group related to a money laundering probe.
- When
- Recent, as per reports.
- Where
- Premises linked to Anil Ambani's Reliance Group.
- Why
- To investigate alleged money laundering and irregularities related to Yes Bank loans.
ED Findings
Reliance Power Position
Financial Impact
ED Findings
Loans worth ₹3,000 crore were allegedly diverted to shell companies.
Reliance Power Position
Reliance Power states no impact.
Allegations of Bribery
ED Findings
Possible bribery of Yes Bank officials.
Reliance Power Position
Reliance Power asserts independence.
- Involved Parties
- ED, Reliance Group, Yes Bank, RCOM, RHFL
- Investigation Focus
- Money laundering, loan diversions, possible bribery
- Loan Amount (Alleged)
- ₹3,000 crore
- Reliance Power Status
- Independent entity, unaffected by investigation