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ED Raids 35 Locations, Probes 50 Reliance Group Firms
Jul 26, 2025 06:04 pm
By
infodivyadelhi


Divya Delhi: The Enforcement Directorate (ED) search multiple Reliance Anil Ambani Group (RAAGA) entities for money laundering. To investigate the money laundering case, the probe agency searched 35 locations, 50 firms, and over 25 people. After the CBI filed a First Information Report (FIR), the ED began investigating RAAGA firms for money laundering. Officials say the National Housing Bank, SEBI, NFRA, and Bank of Baroda have also provided inputs to ED. In two standalone statements, Reliance Power and Reliance Infrastructure said the ED probe into money laundering against them “have absolutely no impact on the business operations, financial performance, shareholders, employees, or any other stakeholders” of the RAAGA companies. “No Impact on Reliance Power, its business operations, financial performance, shareholders, employees, or any other stakeholders,” it said. “The media reports appear to pertain to allegations concerning transactions of Reliance Communications Limited (RCOM) or Reliance Home Finance Limited (RHFL) which are over 10 years old,” the statements said.