Mumbai: In a major enforcement action, the Enforcement Directorate (ED) launched raids at several locations linked to industrialist Anil Ambani in Mumbai. The coordinated searches, conducted by teams from both Delhi and Mumbai ED zones, are part of an ongoing investigation into alleged financial irregularities, suspected offshore dealings, and potential money laundering.
The raids targeted offices and premises associated with Reliance Group entities and key personnel. Though the ED has not yet issued an official statement, agency officials confirmed that “searches are in progress” and more details will be shared upon completion of the operation.
The latest action is believed to stem from information gathered during previous financial intelligence assessments, which reportedly raised red flags about certain offshore transactions and fund movements connected to Anil Ambani’s corporate network.
