New Delhi (TIP): The Enforcement Directorate (ED) on Wednesday said it has attached Reliance Group chairman Anil Ambani’s Mumbai house, ‘Abode’, worth Rs 3,716 crore under the anti-money laundering law.
The attachment comes a day before Ambani, 66, is expected to appear before the federal probe agency here for his second round of questioning on Thursday in a case linked to the alleged bank loan fraud involving Reliance Communications (RCOM).
The luxurious house, which is stated to be 66-metre high with 17 floors, is located in the Pali Hill area of Mumbai.
A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach the multi-storeyed house in the case linked to an alleged bank fraud by Ambani’s group company RCOM, the federal probe agency said in a statement.
It stated that the value of the attached asset was Rs 3,716.83 crore. A part of this property, worth Rs 473.17 crore, was similarly attached by the ED in November, 2025. RCOM and its group companies availed loans from domestic and foreign lenders with a total outstanding of Rs 40,185 crore, as per the ED.
The ED issues a provisional attachment order against an immovable or movable asset to prevent the accused from transacting, selling, or transferring it during the investigation.
Once the PMLA Adjudicating Authority confirms this order within the stipulated 180 days, the ED can confiscate the property and, in the case of a house, ask residents to vacate it.
Probe found that, among other assets, the Pali Hill property (Abode) was aggregated into the RiseE Trust, a private family trust of the members of Ambani’s family.
“This was done to make it appear as though Mr Anil Ambani is not involved. The intended effect of this corporate restructuring was to ensure wealth preservation and resource generation by aggregation of the property in the RiseE Trust and shield it from the personal liabilities of Mr Anil Ambani in the form of Personal Guarantees extended by him to lender banks against the loans sanctioned to RCOM,” the agency claimed.
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