ED Attaches Anil Ambani’s Pali Hill Home in RCOM Loan Fraud Probe

The Directorate of Enforcement (ED) has taken another step in the ongoing investigation linked to alleged loan fraud involving Anil Ambani and Reliance Communications.

On February 25, 2026, the Directorate of Enforcement (ED) announced that it had seized Anil Ambani’s Pali Hill area, known as “Abode” in Mumbai, under the provisions of the Money Laundering Act, 2002 (PMLA). The property’s worth is Rs 3,716.83 crore. A smaller portion of this property amounts to Rs 473.17 crores.

The investigation was followed by CBI’s FIR against M/s Reliance Communications Ltd (RCOM), Mr. Anil Ambani, and others under sections 120-B, 406, and 420 of the Indian Penal Code, 1860, and section 13(2) read with section 13(1)(d) of the Prevention of Corruption Act, 1989.

According to investigators, Reliance Communications and its associated companies had taken huge loans from banks and financial institutions in India and abroad. As per the investigators, an amount of Rs 40,185 crore is still unpaid.

During the investigation, ED officials found that, among other assets, the Pali Hill property was aggregated into the RiseE trust. This is a private family trust of the family members of Mr Anil Ambani. This arrangement was allegedly made to make it seem as though Mr Ambani is not involved.

The ED officials say that this restructuring was designed to protect the property from Anil Ambani’s personal debts in the form of personal guarantees extended by him to the lender bank against the loans approved to RCOM.

The intention was to keep the property for the benefit of the Anil Ambani family, not for the banks that gave the loans.

While the investigation continues, ED assured that it is committed to protecting the financial system and the public funds by tracking and seizing assets involved in money laundering.