Anil Ambani, the chairman of Reliance Group, appeared before the Enforcement Directorate's (ED) Delhi headquarters on Thursday in relation to a money laundering case, one day after the top financial crimes agency seized his Mumbai home, which is valued at Rs 3,716 crore.
Despite having corporate holdings ranging from defense to power, Anil, the younger sibling of Asia's richest man Mukesh Ambani, has watched his fortunes decline over the past 20 years. The businessman has been under police attention in recent months, with detectives looking into allegations of everything from money laundering to bank loan diversion.
In a case connected to the suspected bank loan fraud involving Reliance Communications (RCOM), the 66-year-old business tycoon came before the agency for his second round of interrogation.

The industrialist's opulent home, Abode, is situated in Mumbai's Pali Hill neighborhood and is reportedly 66 meters high with 17 stories.
According to a statement from the federal investigation agency, a preliminary order has been issued under the Prevention of Money Laundering Act (PMLA) to attach the multi-story house in the case connected to an alleged bank fraud by Ambani's group company RCOM.
Similar to this, the ED attached a portion of this property in November 2025, valued at Rs 473.17 crore.
According to the ED, RCOM and its group firms took out loans from both domestic and overseas lenders, totaling Rs 40,185 crore in outstanding balances.To stop the accused from dealing with, selling, or transferring an immovable or movable asset while the investigation is underway, the ED issues a provisional attachment order against it.
The overall value of the attachment in this matter, as of the most recent order, is around Rs 15,700 crore.
In August 2025, he gave his first deposition before the ED, and his statement was recorded in accordance with the PMLA.
On the Supreme Court's orders, the agency has established a special investigation team to look into several allegations of bank fraud and related financial irregularities against the Anil Dhirubhai Ambani Group (ADAG).