ED Attaches Anil Ambani’s Rs 3,716-Crore Pali Hill Home In Money Laundering Probe

The Enforcement Directorate (ED) on Wednesday provisionally attached businessman Anil Ambani's luxury Mumbai residence, a towering structure named 'Abode', as part of an ongoing money laundering investigation linked to alleged financial irregularities involving Reliance Communications (RCOM).

The 17-storey building, estimated to be worth Rs 3,716 crore and rising 66 metres, stands in Mumbai's upscale Pali Hill locality. The agency's action forms part of a wider probe into alleged bank fraud connected to companies of the Anil Dhirubhai Ambani Group.

Summons Issued, Second Round Of Questioning Likely

Ambani has been asked to join the investigation on February 26. If he appears, it will mark his second round of questioning. The 66-year-old businessman had earlier deposed before investigators in August 2025, when his statement was recorded under the Prevention of Money Laundering Act (PMLA).

Acting on directions from the Supreme Court, the federal agency has constituted a special investigation team to examine complaints of financial irregularities and suspected bank fraud against group companies.

So far, the ED has attached assets worth around Rs 12,000 crore and registered three Enforcement Case Information Reports (ECIRs) related to the Reliance Group entities.

Rs 40,000-Crore Loan Default Under Scanner

Reliance Communications is under investigation over an alleged loan default of about Rs 40,000 crore. During recent proceedings, the Supreme Court expressed concern over what it described as unexplained delays by central agencies probing the case.

During the hearing, Ambani assured the court he would not leave the country without prior permission.

Tina Ambani Also Called In New York Property Case

Actor and former MP Tina Ambani has also been summoned by the ED. She did not appear before investigators last week despite receiving a second notice.

Her questioning is connected to the purchase of a luxury residence in New York. Investigators earlier arrested former RCOM executive Punit Garg and alleged that the property had been fraudulently sold in 2023 during the company's corporate insolvency resolution process. The sale was reportedly disclosed to the stock exchange in 2025.

The agency had stated, "The sale proceeds of US$ 8.3 million (worth Rs 69.55 crore in 2023) were remitted from the United States under the guise of a sham investment arrangement with a Dubai-based entity controlled by a Pakistan-linked individual..."

The investigation into the group's finances continues as authorities examine the money trail and related transactions across multiple jurisdictions.