The Enforcement Directorate (ED) on Thursday said it has attached fresh assets worth ₹1,120 crore belonging to the Reliance Anil Ambani Group in connection with the alleged fraud involving Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL) and Yes Bank.
The attached assets include more than 18 properties, fixed deposits, bank balances and unquoted shareholdings. Among the properties seized are seven assets of Reliance Infrastructure Limited, two assets of Reliance Power Limited, and nine assets of Reliance Value Services Private Limited. Fixed deposits and investments linked to Reliance Value Service Pvt Ltd, Reliance Venture Asset Management Pvt Ltd, Phi Management Solutions Pvt Ltd, Adhar Property Consultancy Pvt Ltd, and Gamesa Investment Management Pvt Lt

Businessline

Northlines
NewsDrum
Telangana Today
The Times of India
The Conversation
Raw Story
Salon
PupVine
AlterNet
America News