The Enforcement Directorate has filed charge sheets in two separate money laundering cases involving companies and former executives linked to the Anil Ambani Group. One case concerns Reliance Infrastructure and alleged diversion of about ₹187 crore through purported fictitious subcontracting arrangements linked to NHAI projects. The other involves Reliance Communications and associated entities. The ED alleges layered transactions, shell companies and other financial irregularities. The cases remain subject to judicial proceedings, and the allegations have not been established as guilt by a court.

ED Targets Anil Ambani Group in Two Money Laundering Cases, ₹40,185 Crore Proceeds Alleged

The Enforcement Directorate has filed charge sheets in two separate money laundering cases involving companies and former executives of the Reliance Anil Ambani Group, citing alleged diversion of funds and financial irregularities.

The Enforcement Directorate (ED) has filed charge sheets in two money laundering cases against companies and former executives linked to the Reliance Anil Ambani Group (RAAG).

First, the agency has filed a prosecution complaint before a special Prevention of Money Laundering Act (PMLA) court in Dwarka against Reliance Infrastructure Limited, its former executive Sateesh Seth, 70, and others. ED had arrested Seth in June, and he is still under judicial custody. According to the information in the agency's case, he left the Reliance Group in 2025. 

In the second case, the ED had in March filed a main chargesheet with a special court at Rouse Avenue against Reliance Communications Limited (RCOM) and filed a supplementary chargesheet in the same case now.

The agency has named RCOM, Reliance Telecom Limited (RTL), Sateesh Seth, Gautam Doshi, Amitabh Jhunjhunwala and others as accused under the provisions of PMLA. The ED had arrested Gautam Doshi in June and Sateesh Seth in July in connection with the RCOM case, and both are in judicial custody.

Reliance Infrastructure Case Centres on Alleged ₹187 Crore Diversion

This is the case of Reliance Infrastructure, which started with an FIR being registered in February by the Mumbai Police Economic Offenses Wing (EOW). The ED said the investigation relates to an alleged organized modus operandi involving shell firms, forged documents, bank accounts and foreign remittances in connection with fictitious invoices. 

The agency alleged that about Rs 187 crore was siphoned off between September and October 2010 through fake, post-facto or backdated arrangements of fictitious subcontracting work. The ED said the alleged diversion pertained to four National Highways Authority of India (NHAI) toll-road projects - Trichy-Karur on NH-67, Trichy-Dindigul on NH-45, Salem-Ulundurpet on NH-68 and Jaipur-Reengus on NH-11.

The agency’s investigation said that the projects were funded by NHAI grants and loans from banks and financial institutions. The ED alleged that funds were transferred from Reliance Infrastructure, project-specific special purpose vehicles or engineering, procurement and construction contractors to construction contractors.

The agency alleged, too, that money later went to shell companies with no connection to road construction and that documents were subsequently created to show the transfers were for legitimate project costs.

Money was also transferred through shell companies and diamond traders via allegedly inflated diamond export invoices, the ED said. It has immovable properties and Reliance Power Limited equity shares held by Reliance Infrastructure and land belonging to Ksheeraabd Constructions worth Rs 187 crore. Further investigation into the duties of other individuals is ongoing, the agency said.

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RCOM Case Involves Alleged ₹40,185 Crore Proceeds

The additional chargesheet against Reliance Communications Limited is based on various FIRs registered by the Central Bureau of Investigation (CBI) about RCOM, RTL and Reliance Infratel Limited. 

The ED said these entities fraudulently diverted financial and non-financial credit facilities by using fresh borrowings to repay, rotate or extend earlier domestic and foreign liabilities. The agency said the funds were layered through group companies, conduit entities, multiple bank accounts and liquid mutual funds before being used to settle earlier External Commercial Borrowings and Foreign Currency Convertible Bonds.

It alleged some transactions were shown as genuine business expenditure or income and loan proceeds were diverted to Reliance Infrastructure Limited and Reliance Capital Limited. The agency also alleged that funds were diverted to personal assets of promoters outside India and to artificially inflate RCOM’s reported profits. The ED has estimated proceeds of crime in the RCOM-linked case at ₹40,185 crore and attached assets worth ₹8,078 crore.

Further Investigation Expected in Both Cases

Through its chargesheet in the RCOM-linked proceedings, the ED has asked for attachment of the attached assets of the Anil Ambani Group.

The report on which this article is based said it was unable to reach former RAAG executives named in the case for comment.

The chargesheets are the agency's allegations and the legal outcome of the cases will be decided by the proceedings under the PMLA and related investigations.

The cases highlight for Sprouts News the scale of ongoing financial investigations into corporations, banks, infrastructure projects and suspected money laundering. 

Editorial Note:

This article is based on publicly available FIR records, court case references, and reports published by multiple media organisations. The information is presented in the context of ongoing investigations and public interest reporting. Sprouts News does not make any judicial determination regarding the individuals mentioned and does not intend to defame any person or organisation. Any individual seeking clarification or wishing to provide an official response may contact the editorial team with verifiable documentation. The information is presented for journalistic and informational purposes.