New Delhi, Dec 5: The Enforcement Directorate (ED) has provisionally attached assets worth ₹1,120 crore in its ongoing money-laundering investigation against companies of the Reliance Group led by Anil Ambani, officials said on Friday.

The attachment, made under the Prevention of Money Laundering Act (PMLA), covers 18 properties including the Reliance Centre at Ballard Estate in Mumbai, along with fixed deposits, bank balances and shareholdings in unlisted investments of the Reliance Anil Ambani Group.

The fresh action also includes seven properties of Reliance Infrastructure Ltd, two properties of Reliance Power Ltd, and nine assets of Reliance Value Service Pvt Ltd. Fixed deposits and unquoted investments linked to Reliance Value Service, Reliance Venture Asset Management, Phi Manageme

See Full Page