Brief by Shorts91 Newsdesk / 02:00pm on 25 Feb 2026,Wednesday India
The Enforcement Directorate has attached businessman Anil Ambani’s Mumbai home as part of a money laundering investigation. The property, called ‘Abode’, is valued at ₹3,716 crore and is located in Pali Hill. Sources said a provisional attachment order was issued in connection with an alleged bank fraud case linked to Reliance Communications. Ambani has been summoned to appear before the agency on February 26. He was earlier questioned in August 2025 under the PMLA. So far, the ED has attached assets worth ₹12,000 crore in the case and filed three ECIRs against Reliance Group companies. The probe relates to a ₹40,000 crore loan default. (PC: NDTV)