ED freezes Anil Ambani Group properties Rs 3084 crore
NEW DELHI, Nov 3 (Reuters) – The ED (Enforcement Directorate) has provisionally frozen Rs 3084 crore ($351 million) worth of real estate assets linked to Reliance Anil Ambani Group as part of a money-laundering investigation, it said in a statement on Monday. The case relates to loans from India’s YES Bank in excess of $569 million taken out by the group between 2017 and 2019 and involves what the Enforcement Directorate alleges was the diversion and laundering of public funds. Reliance Group, owned by the younger brother of billionaire Mukesh Ambani, did not immediately respond to a request for comment