ED seizes assets worth over ₹2,000 crore linked to Reliance Power Ltd. under FEMA
Deposits were used as collateral for loans extended to entities incorporated in the British Virgin Islands, which were controlled and managed from India by the Reliance Anil Ambani Group through front persons, the ED says
· 10/14/2026, 12:48:07 PM· 2 min read
Deposits were used as collateral for loans extended to entities incorporated in the British Virgin Islands, which were controlled and managed from India by the Reliance Anil Ambani Group through front persons, the ED says
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