ED Attaches Anil Ambani’s ₹3,716-Crore Mumbai Home ‘Abode’ in Money Laundering Probe
The Enforcement Directorate has provisionally attached businessman Anil Ambani’s Mumbai residence, ‘Abode’, valued at ₹3,716 crore, as part of an ongoing money-laundering investigation, according to sources.
The 17-storey luxury residence, which stands about 66 metres tall, is located in the upscale Pali Hill area of Mumbai.
Probe Linked To Reliance Communications Loan Default
The attachment order was issued during the agency’s investigation into alleged financial irregularities and bank fraud linked to Reliance Communications, a company under the Reliance Group.
Investigators are examining a loan default of around ₹40,000 crore involving the telecom company. As part of the broader probe, authorities have so far attached assets worth approximately ₹12,000 crore and registered three Enforcement Case Information Reports (ECIRs) against companies associated with the group.
Ambani has been asked to appear before the Enforcement Directorate on February 26 to assist with the investigation. If he attends, it will be his second round of questioning, after he recorded his statement in August 2025 under the Prevention of Money Laundering Act.
Supreme Court Monitoring The Investigation
The investigation is being carried out by a special team formed after directions from the Supreme Court of India, which is overseeing complaints related to alleged bank fraud and financial irregularities involving companies linked to the Anil Dhirubhai Ambani Group.
During a recent hearing, the court expressed concern over unexplained delays by central agencies, including the ED, in investigating the alleged financial misconduct linked to Reliance Communications.
Ambani assured the court that he would not travel abroad without permission while the investigation is ongoing.
Tina Ambani Also Summoned
The ED has also summoned Tina Ambani, the actor-turned-philanthropist and wife of Anil Ambani.
She was recently called in connection with the purchase of a luxury property in New York, but reportedly did not appear despite receiving a second summons.
The agency had earlier arrested former Reliance Communications executive Punit Garg, alleging that the New York property was fraudulently sold in 2023 during the company’s corporate insolvency process.
According to investigators, the sale proceeds of about $8.3 million (₹69.55 crore in 2023) were transferred from the United States through what officials described as a sham investment arrangement involving a Dubai-based entity allegedly controlled by a Pakistan-linked individual.
The investigation into the alleged financial irregularities is ongoing.
News Source : Information for this article was gathered from a variety of reliable news outlets.
