Archive · 24 Jul 2025
ED Raids Anil Ambani's Premises in Money Laundering Probe
The Enforcement Directorate (ED) is looking into whether Anil Ambani's companies moved money illegally.
They suspect around Rs 3,000 crore of loans from Yes Bank were misused.
The ED believes that Yes Bank officials were bribed.
They found that loans were given out without proper checks, and money was moved to shell companies.
The ED has searched many locations linked to the companies and individuals.
The investigation aims to uncover a scheme to cheat banks, investors and other public institutions.
ED is investigating alleged money laundering by Anil Ambani-led Reliance Group companies.
The probe is linked to a Rs 3,000 crore loan diversion scandal involving Yes Bank.
ED has conducted raids at over 35 locations connected to the companies.
Preliminary findings suggest a scheme to defraud banks and investors.
The investigation revealed possible quid-pro-quo arrangements and loan process violations.
- Who
- The Enforcement Directorate (ED) is investigating the Reliance Group, led by Anil Ambani, in connection with Yes Bank loan disbursements.
- What
- ED is investigating alleged money laundering and financial irregularities.
- When
- The investigation is ongoing; the loans were disbursed between 2017 and 2019.
- Where
- Raids were conducted at over 35 locations in Mumbai and Delhi linked to Anil Ambani's companies.
- Why
- To investigate alleged money laundering, financial irregularities, and potential quid-pro-quo arrangements related to Rs 3,000 crore loans from Yes Bank.
ED's Findings
Reliance Group's Response
Loan Approval Process
ED's Findings
Loans were disbursed without proper due diligence and credit analysis.
Reliance Group's Response
N/A
Fund Diversion
ED's Findings
Funds were diverted to shell companies and related entities.
Reliance Group's Response
N/A
- Entities Involved
- Reliance Group (Anil Ambani), Yes Bank
- Investigation Agency
- Enforcement Directorate (ED)
- Loan Amount
- Rs 3,000 crore
- Locations Raided
- Over 35 premises in Mumbai and Delhi
- Allegations
- Money laundering, bribery, loan diversion
- Based On
- CBI FIRs
Sources
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Anil Ambani Raided By ED: Probe Agency ED Raids Premises Linked To Anil Ambani In Delhi, Mumbai: Sources
ED Raids 35 Locations Tied to Anil Ambani’s Firms in Rs 3,000 Crore Money Laundering Probe
