ED attaches Anil Ambani’s Abode worth Rs 3,716 cr
The Enforcement Directorate (ED) attached Reliance Group chairman Anil Ambani’s Mumbai house, ‘Abode’, worth Rs 3,716 crore under the anti-money laundering law, official sources said on Wednesday. The luxurious house, which is 66 metres high with 17 floors with a helipad on top, is located in the Pali Hill area of Mumbai.
A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach the multi-storeyed house in the case linked to an alleged bank fraud by his group company, Reliance Communications (RCOM), said ED officials, adding that the attached asset’s value is Rs 3,716.83 crore.
Anil Ambani (66), is expected to appear before the federal probe agency here for his second round of questioning. He first deposed before the ED in August 2025 and had his statement recorded under the PMLA. The agency again summoned after the recent orders of the Supreme Court. ED has also summoned Anil Ambani’s wife, Tina Ambani.
With the latest order, the total value of the attachment in this case stands at about Rs 15,700 crore in the past six months. As per the Supreme Court direction, CBI and ED are also probing bank frauds by Anil Ambani-led companies like Reliance Communications.
Supreme Court on February 4, directed the Enforcement Directorate (ED) to constitute a Special Investigation Team (SIT) dedicated to investigating allegations of large-scale bank fraud by Reliance Communications (RCOM), its group entities and Anil Ambani. The apex court ordered CBI to probe into the nexus and collusion with bank officials in siphoning and diverting of the bank loans of more than Rs 40,000 crore by Anil Ambani’s firms.
A Bench of Chief Justice of India (CJI) Surya Kant and Justices Joymalya Bagchi and Vipul Pancholi passed the order. “ED is well advised to constitute a SIT comprising senior officers and take all the measures so that the ongoing probe is taken to a logical conclusion,” the Court said.
“It is imperative for CBI to probe the conduct of bank officials to check if funds were released with the collusion of bank officers. We direct that ... the CBI must look into the nexus, collusion, conspiracy, if any, and for that purpose, all lawful measures to take the investigation to its logical end (must be) adopted,” the Court’s order stated.
The apex court was hearing the petition filed by retired Government Secretary EAS Sarma. Representing Sarma, Prashant Bhushan pointed out that the FIR was registered only in 2025, when the bank frauds came on public domain in 2020.
“First arrest was affected yesterday. This is the largest corporate fraud. Anil Ambani’s companies, having bank dues of more than Rs 47,000 crore was taken over by brother Mukesh Ambani for just Rs 430 crore, argued Bhushan. “The Insolvency and Bankruptcy Code is being misused like anything,” the CJI said.
