Mumbai, Dec 06: The Enforcement Directorate (ED) has filed a supplementary prosecution complaint (PC) against Anil Ambani’s group company, Reliance Power Ltd., and 10 other entities in an alleged money laundering case linked to reportedly fake bank guarantees worth Rs 68.2 crore submitted to the Solar Energy Corporation of India (SECI). The guarantees were reportedly used to secure a major battery energy storage project tender, the central agency said on Saturday.

Filed Before Patiala House Court Under PMLA

The complaint, filed before the Patiala House Court under the Prevention of Money Laundering Act (PMLA), follows two FIRs registered by the Delhi Police Economic Offences Wing (EOW). One FIR was lodged based on SECI’s complaint against Reliance NU BESS Ltd., a subsidiary of Reliance

See Full Page