ED Files Chargesheets Against Anil Ambani Firms in ₹40,185 Cr Cases

The Enforcement Directorate (ED) has filed two distinct prosecution complaints under the Prevention of Money Laundering Act (PMLA) against Reliance Infrastructure Limited (RInfra) and Reliance Communications Limited (RCom).

These filings, submitted on August 8 in Delhi, target former executives of the Reliance Anil Ambani Group over alleged bank fraud and money laundering cases amounting to a total of ₹40,185 crore.

Key Allegations and Figures

The ED’s complaints detail significant financial irregularities across two primary cases:

Proceeds of crime in RCom case: ₹40,185 crore

Assets attached in RCom case: ₹8,078 crore

Amount siphoned in RInfra case: ₹187 crore

Assets attached in RInfra case: ₹187 crore

Understanding the Reliance Infrastructure Case

The case against RInfra originated from an FIR lodged by the Mumbai Police. The ED alleges that approximately ₹187 crore was illicitly siphoned off from four National Highways Authority of India (NHAI) toll-road projects during September and October 2010.

The alleged mechanism involved a complex scheme to divert these funds. This process reportedly utilized shell entities, forged documents, and fictitious sub-contracting work.

Funds were subsequently layered through various other entities and diamond traders to obscure their origin. In response, the ED has attached immovable properties and equity shares valued at around ₹187 crore.

Former group executive Sateesh Seth, who departed the Reliance Group in 2025, has been arrested in connection with this case and is currently in judicial custody.

Investigating the Reliance Communications Allegations

The RCom case involves a supplementary chargesheet derived from Central Bureau of Investigation (CBI) FIRs, focusing on the alleged diversion of credit facilities. The ED claims that fresh credit was strategically used to “evergreen” earlier liabilities, rather than being applied for its originally sanctioned purpose.

The layering of these funds occurred through a network of group companies, conduit entities, and multiple bank accounts. These diverted funds were purportedly used for several purposes, including servicing External Commercial Borrowings and Foreign Currency Convertible Bonds.

Furthermore, funds were allegedly redirected to other group entities such as Reliance Infrastructure and Reliance Capital. The ED also claims these funds facilitated the purchase of personal assets for promoters located outside India.

The total proceeds of crime in the RCom case are quantified at ₹40,185 crore. The ED has attached assets worth ₹8,078 crore and is seeking their confiscation as part of the ongoing legal process.

Named as accused in this case are RCom, Reliance Telecom Limited (RTL), and former executives Sateesh Seth, Gautam Doshi, and Amitabh Jhunjhunwala. Mr. Doshi was arrested in June, and Mr. Seth in July; both remain in judicial custody.

This recent filing adds to the legal proceedings, following a main prosecution complaint in the RCom case that was submitted in March.