Anil Ambani: Taking major action in the bank fraud case related to Reliance Anil Ambani Group, ED has temporarily attached more than 18 properties, fixed deposits, bank balances and stake in unquoted investments. The total value of attached assets is approximately Rs 1,120 crore. This action is related to the case of Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL) and Yes Bank fraud.

The attached properties include

The properties attached by ED include 7 properties of Reliance Infrastructure Limited, 2 properties of Reliance Power Limited, 9 properties of Reliance Value Services Pvt Ltd, Reliance Value Services Pvt Ltd, Reliance Venture Asset Management Pvt Ltd, M/s Phi Management Solutions Pvt Ltd, M/s Aadhaar Property Consultancy Pvt Ltd, M/s Gamesa Investments. Includes FD and bank balance in the name of Management Private Limited. Along with this, stakes in unquoted investments have also been attached.

Assets worth Rs 10117 crore attached till now

It is noteworthy that ED has already attached assets worth more than Rs 8,997 crore in the bank fraud cases of RCOM, RCFL and RHFL. After the new action, the total attached assets of the group have increased to Rs 10,117 crore. According to the ED investigation, there was massive misuse of public funds by several Anil Ambani group companies such as Reliance Communications Limited, Reliance Home Finance Limited, Reliance Commercial Finance Limited, Reliance Infrastructure Limited and Reliance Power Limited.

What is ED’s allegation?

Investigation revealed that during the year 2017–2019, Yes Bank had invested Rs 2,965 crore in RHFL instruments and Rs 2,045 crore in RCFL instruments, which later turned into NPA. As of December 2019, Rs 1,353.50 crore of RHFL and Rs 1,984 crore of RCFL remained outstanding. Apart from this, RHFL and RCFL had received a total of more than Rs 11,000 crore of public money, which was channeled to Anil Ambani group companies through complex financial routes.

SEBI rules were ignored

Due to SEBI rules, Reliance Nippon Mutual Fund could not directly invest in these companies, hence the money was routed to the group companies through Yes Bank by adopting the ‘circuitous route’. On the basis of FIR registered by CBI, ED has also started investigation against RCOM, Anil Ambani and others.

According to the investigation, between 2010 and 2012, the group took huge loans from domestic and foreign banks, of which Rs 40,185 crore are outstanding and 9 banks have declared these as frauds. Many companies used the loan taken from one bank to repay the loan of another bank, transfer it to related parties and invest in mutual funds, which was in violation of the loan terms.

ED found that some of the money used to send Rs 12,600 crore in ‘Evergreening of Loan’ to related parties and Rs 1,800 crore in FD/MF and later routing it to group companies, was also sent out of India through foreign remittances, the ED found. ED has said that it will continue to take strict action against financial criminals and is committed to returning public money to its rightful owners. Further investigation is ongoing.

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Delhi Police has registered an FIR against Congress leaders Sonia Gandhi, Rahul Gandhi and other accused on the complaint of Enforcement Directorate (ED) in the National Herald case. This action has been taken in the money laundering case. Now there has been a counterattack from the Congress side in this entire matter.

Congress leader Supriya Shrinet said, ‘Narendra Modi and Amit Shah’s pet investigation agencies are now busy in creating another false case on top of a fake case. In the National Herald case, a false case motivated by political vendetta has been going on for 12 years. In these 12 years, there was not even any summons in the ED case and on the basis of the predicate offense this entire false case was fabricated. Even charges have not been framed in this. In fact, the entire matter has been postponed by the court. No FIR was registered in the last 12 years.

He said, ‘Now suddenly after 12 years, ED has registered an FIR in the National Herald case. Interestingly, the court had ordered that the FIR be kept in a sealed cover and not be shared with the accused. But surprisingly, the copy of the FIR has reached everyone. Obviously it has been leaked by ED itself, because its details were only with ED and EOW.

Narendra Modi and Amit Shah’s pet investigation agencies are now busy in creating another false case on a fake case!

In the National Herald case, a false case motivated by political vendetta has been going on for 12 years.

In these 12 years, there was not even any summons in the ED case and the predicate offence…

— Supriya Shrinate (@SupriyaShrinate) November 30, 2025

He said, ‘A cowardly and cowardly government is again playing its dirty tricks and doing only what it knows. She is misusing the investigating agencies for cheap politics and vendetta.

Srinet said, ‘The selective leaking of the FIR, its timing and intention, everything clearly shows that this government wants to divert attention from the real issues. No matter what you do, Modi ji, you can neither scare nor make Congress and our leaders bow down. The more you do all this, the more nervous and confused you will appear.

What did Singhvi say?

Congress leader Abhishek Manu Singhvi made a post on social media saying, ‘FIR is neither a new wine, nor a new bottle nor a new glass. This is a unique case where neither any money moved nor any immovable property was transferred, yet a case of money laundering was discovered.

Congress said- this is politics of revenge

Jairam Ramesh posted on X, ‘Modi-Shah duo are continuing their politics of harassment, threat and vengeance against the top leadership of Congress. People who make threats are themselves insecure and afraid. The National Herald case is a completely fake case. Ultimately justice will prevail. Satyamev Jayate.’

EOW had filed a complaint on 3 October

The Economic Offenses Wing (EOW) of Delhi Police had filed a complaint against Sonia Gandhi, Rahul Gandhi and seven others on October 3. This includes the names of the Gandhi family, Congress leaders Suman Dubey and Sam Pitroda, apart from establishments like Young Indian (YI) and Dotex Merchandise Limited, Dotex promoter Sunil Bhandari, Associated Journals Limited (AJL) and other unidentified people.

Next hearing on 16 December

These establishments have also been named as accused in the ED’s chargesheet filed in a Delhi court in April. The court has not yet taken cognizance of this and the next hearing is scheduled for December 16.

The ED team of Hyderabad has taken major action in the ongoing cyber fraud case through fake e-commerce sites and fake mobile apps. ED has attached Rs 8.46 crore linked to 92 bank accounts, which also include CoinDCX and some crypto wallets. This action has been taken under PMLA law.

ED’s investigation revealed that many FIRs were registered across the country, in which a large network of online fraud came to light. Scammers used to contact people through WhatsApp, Telegram and SMS and promise to earn money in the name of part-time job, investment app or e-commerce task. People were asked to create accounts on fake platforms like NBC App, HPZ Token, RCC App, Power Bank App, Making App. Initially, a little amount of money was returned to build trust, but when people deposited more money, withdrawals started failing.

Used to threaten users

Fraudsters used to ask users to pay tax or other fees. If there was no money, the app and website would suddenly shut down. Accounts would get deactivated and support numbers would disappear. Investigation revealed that Rs 285 crore was earned from this scam. This money was first deposited in more than 30 bank accounts. Then within 1 to 15 days it was sent to more than 80 other accounts so that it could not be caught. A lot of money was converted into cryptocurrencies, especially USDT (Tether) and some money was transferred to India through Hawala.

method of scammers

ED says that the scammers used to buy USDT on Binance P2P and third-party payments were used in this. The investigation also found that USDT worth Rs 4.81 crore was purchased through CoinDCX from accounts without KYC. The ED investigation is still going on.

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Anil Ambani: Central investigation agency ED (Enforcement Directorate) has taken major action against Anil Ambani’s ADAG Group companies. Under a new provisional attachment order, immovable properties worth about Rs 1400 crore have been seized. Along with this, ED has till now attached properties worth Rs 9000 crore belonging to ADAG Group. These seized properties are in Navi Mumbai, Chennai, Pune and Bhubaneswar. This action is part of the investigation related to money laundering. ED says that the investigation is ongoing and further assets can be attached if needed.

What is ED’s allegation?

ED had earlier also attached assets worth Rs 7500 crore under the same investigation, which is based on alleged financial irregularities related to Ambani’s group companies. The investigation is still ongoing and the ED is expected to release more details about the nature of the assets and their link to the transactions under investigation.

The agency had last interrogated Ambani in August. This investigation of ED is related to Jaipur-Ringas Highway Projects, for which the contract was given to Reliance Infra in the year 2010. The agency alleges that from this project, Rs 40 crore was sent abroad through shell companies of Surat. This could be part of a big international hawala network worth more than Rs 600 crore.

CBI also filed FIR

Earlier, while registering FIR, CBI has also leveled charges of fraud, conspiracy and corruption against Anil Ambani, RCOM and others. It was told that between 2010 and 2012, a loan of more than Rs 40,000 crore was taken from some banks in India and abroad. Out of the accounts to which this money was transferred, 5 have been declared fraud by the bank.

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Taking action in a major case related to cyber fraud, ED has temporarily attached 7 properties related to Tushar Kharbanda. The price of these properties is around Rs 11.26 crore. This action has been taken by the team of ED’s Delhi Zonal Office. All these properties are present in Delhi-NCR and Dubai, which are registered in the name of Tushar Kharbanda and his family.

ED’s investigation started on the basis of FIR of CBI and Delhi Police. Investigation revealed that Tushar Kharbanda and his team had cheated foreign nationals by running an illegal call center in Noida. People committing fraud used to scare foreigners by pretending to be officers of police or any investigating agency. Like there is a case against you, your bank account will be frozen, you can be arrested. Due to this fear, he used to extort lakhs and crores of rupees from them. The investigation also revealed that the defrauded money was first converted into crypto currency.

Property purchased with crypto currency

A total of 351.8605 bitcoins were found in the crypto wallet controlled by Tushar Kharbanda, whose current value is approximately Rs 280 crore. These bitcoins were further converted into USDT and then sent to different wallets and people and converted into cash. According to ED, Tushar Kharbanda brought the fraud money from UAE to India through hawala and non-banking channels and bought a large amount of property.

Many properties in UAE were also purchased in cash, two of which are still in his name. ED has also attached both these properties under PMLA. In this case, on 06 August 2025, ED had raided many places. In the raid, ED found many properties in UAE and Noida. Crypto currency kept on crypto exchange was also found. Crypto worth about 0.29 BTC (Rs 28.90 lakh) had already been attached by ED. According to ED, the investigation of the case is still going on.

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After arresting Chairman Jawad Ahmed Siddiqui in the big scam related to Al-Falah University, ED has obtained 13 days custody from the court. This action has been taken on the charges of cheating students by showing them fake recognition and earning crores of rupees. The ED team had arrested Jawad Siddiqui from his house at around 11 pm on 18th November.

The reason for the arrest and all the documents were given to his lawyer and his wife. ED has made this arrest under Section 19 of PMLA. Delhi Crime Branch had registered two FIRs on November 13, in which it was alleged that the university showed fake NAAC recognition and declared itself recognized under Section 12B of UGC, whereas UGC had clearly said that the university never got this recognition.

‘Earned Rs 415 crore from false claims’

According to ED, all this was done to collect admission and fees by misleading the students and their families. Taking these allegations as the basis, ED started investigating money laundering. ED has claimed that Rs 415 crore, earned through false claims, came in the years when the university neither had NAAC recognition nor UGC 12B recognition. Meaning, admission and fees were taken from the students by giving wrong information. Therefore, ED has described this amount as Proceeds of Crime i.e. money earned from crime.

Jawad Siddiqui’s role revealed

Investigation also revealed that many times this money was sent to the accounts of companies and contractors related to the family. According to ED, the CFO of the university clearly said in his statement that all major financial decisions were taken by Chairman Jawad Siddiqui himself. Complete control of the financing of trusts, universities and colleges was in his hands. ED called this a big proof of the direct role of Jawad Siddiqui.

The lawyer appearing for ED told the court that a lot of work still remains to trace the money trail completely. It is important to secure many records and digital data. The accused can influence the witnesses. Many members of his family live abroad. Therefore there is also a danger of running away.

What did Jawad Siddiqui’s lawyer say?

Jawad Siddiqui’s lawyer said that the FIR itself is fake, hence ED should be given custody for only 7 days and not 14 days, but the court did not accept this argument. The court said that this matter is very serious. The investigation is in the initial stage and ED has many documents and people left to interrogate. On this basis, the court sent Jawad Ahmed Siddiqui to ED custody for 13 days.

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ED arrested Jawad Ahmed Siddiqui, chairman of Al Falah Group, after raids in a money laundering case related to funding of terrorism. According to sources, Al Falah’s accountant has also been detained. Delhi blast Its founder Javed Ahmed Siddiqui is under the radar of investigation after its connection with Faridabad’s Al Falah University came to light.

Who is Jawad Ahmed Siddiqui?

According to the investigating agencies, Jawad Siddiqui has appointed his wife, daughter and brothers as trustees in the charitable trust that runs Al Falah University. After the details related to Al Falah University were removed from the internet, the suspicion of the investigating agencies has deepened further. Javed Ahmed Siddiqui was born on 15 November 1964 in Mhow, Madhya Pradesh. After doing B.Tech from Devi Ahilya University, Indore, he worked as a lecturer in Jamia Millia University from 1992 to 1994.

Raid on 19 locations of Al-Falah Group

On Tuesday (18 November 2025), ED had conducted a major raid on 19 locations of Al-Falah Group, from where many important documents, digital devices and about Rs 48 lakh in cash were recovered. The investigation revealed that the trust money was wrongly sent to the family companies. Jawad Ahmed Siddiqui has also been accused of serious financial fraud.

Many financial irregularities have come to light in the functioning of Al Falah University. ED is investigating from where he got the crores of rupees to set up such a big university because he has also gone to jail in a fraud case. Siddiqui has also been summoned in the Delhi bomb blast case, but he did not appear.

Money laundering allegations against Jawad Siddiqui

According to ED, Al-Falah Charitable Trust was established in 1995 and Jawad Siddiqui has been its managing trustee since its inception. All the colleges and universities running in the name of the Trust are directly under its control. Investigation revealed that this trust showed meteoric rise i.e. rapid growth but this growth did not match the actual earnings. Contracts for construction, catering and other services were given directly to the companies of his wife and children. Many shell companies were used to embezzle money.

Anil Ambani Skips ED Summons: Reliance Group Chairman Anil Ambani did not appear before the central investigating agency ED in the FEMA case even on Monday. This is the second time he has ignored the ED summons. Earlier on Friday also, ED had rejected his appeal for virtual appearance, after which he did not appear in person.

However, Anil Ambani has offered to give his statement through video conferencing or recorded video statement. He told the agency that he is ready to appear virtually on any fixed date and time.

What is the whole matter?

This case is related to the alleged embezzlement of Rs 40 crore in the Jaipur-Ringas National Highway project of 2010. ED alleges that the money was sent to Dubai through Surat-based shell companies, which reveals an international hawala network of more than Rs 600 crore. According to sources, ED has recorded statements of some persons including several hawala dealers, after which summons has been sent to Anil Ambani.

ED attached assets worth Rs 7,500 crore

ED has recently attached assets worth about Rs 7,500 crore of Anil Ambani and his companies under the Prevention of Money Laundering Act. Earlier, Anil Ambani had written a letter to the agency assuring full cooperation in the investigation and had also given his consent for virtual appearance.

On the other hand, in recent times, ED has also taken action in other cases related to Anil Ambani. Investigation is going on in the case of fake bank guarantee of Rs 68 crore on Reliance Power and three arrests have been made so far. It has been clarified by Anil Ambani that the present summons is not related to PMLA but to FEMA investigation. He says that the issue is about 15 years old and pertains to the Jaipur-Ringas Highway Project, which had no direct connection with the foreign exchange transactions.

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JP Infrastructure Limited: ED has arrested Manoj Gaur, MD of M/s Jaypee Infrastructure Limited, in a money laundering case related to alleged fraud and misappropriation of money of home buyers.
ED is continuously tightening its grip on Jaypee Group. Now in this sequence the managing director of the company has been arrested.

The Enforcement Directorate has arrested Manoj Gaur, Managing Director of Jaypee Infratech Limited, in a case of alleged cheating with home buyers: Officials

— ANI (@ANI) November 13, 2025

What is the allegation?

In fact, ED alleges that many other real estate companies like Jaypee Infratech, Jaypee Associates Limited have not taken the money of home buyers and investors and given them flats, rather the money received from them was diverted to other projects. Home buyers have suffered losses due to this. Other companies include Gaursons, Gulshan, Mahagun, and Suraksha Realty. In this connection, recently the ED team had reached total 12 locations in Delhi-NCR and Mumbai to raid. An ED team had also reached the marketing office of Jaypee Builder located in Sector 128 of Noida.

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The Enforcement Directorate (ED) has taken major action in the case of a major government fund scam in Assam. Taking action, the Central Investigation Agency has seized movable and immovable properties of Assam government official Siwali Devi Sharma and her close relatives. The value of the seized properties is said to be around Rs 6.40 crore.

ED has taken this action under the Prevention of Money Laundering Act (PMLA). Let us tell you that this entire case is based on the FIR registered against Siwali Devi Sharma, which was registered by Vigilance Police Station Assam. He is accused of embezzling about Rs 105.76 crore by misusing government funds.

What was revealed in the ED investigation?
The ED investigation revealed that between 2017 and 2021, when Siwali Devi Sharma was the acting chairperson and director of ODL Cell, SCERT, Assam, she opened 347 study centers without the approval of the government and gave admission to 1,06,828 trainees. Whereas the government had approved only 59 study centers and 27,897 trainees.

According to ED’s investigation, Siwali Devi and her associates collected approximately Rs 115 crore as fees from these fake filings. It is alleged that he opened five bank accounts in the name of ODL Cell and did not deposit the amount in the government treasury.

ED seized many properties
ED investigation also revealed that Siwali Devi Sharma herself transferred all the funds despite not having financial authority. Siwali Devi Sharma transferred this money to her and her family’s accounts and then with this money, land, property and other assets were purchased. Now ED has temporarily attached these properties. The agency’s investigation is still ongoing.

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