NEW DELHI, Feb 25: Businessman Anil Ambani’s home in Mumbai – the Rs 3,716 crore structure called ‘Abode’ – was attached by the Enforcement Directorate (ED) on Wednesday over an ongoing money laundering investigation.
A provisional order was issued to attach the building as part of the agency’s inquiry into alleged bank fraud by his Reliance Communications (RCOM) company, sources said. The house, 66 metres tall with 17 floors, is located in Mumbai’s Pali Hill neighbourhood. Ambani was also called for questioning again on Thursday.
Should he appear as summoned it will be the second time the 66-year-old Ambani will be questioned. He first deposed in August 2025; his statement was recorded under the PMLA. Directed by the Supreme Court, the federal agency has set up a special team to investigate complaints of bank fraud and financial irregularities against the Anil Dhirubhai Ambani Group.
So far, it has attached assets worth about Rs 12,000 crore as part of the investigation and filed three Enforcement Case Information Reports (ECIRs), against Reliance Group companies. RCOM, a Reliance Group company owned by Anil Ambani, is being probed for over Rs 40,000 crore loan default.
The Supreme Court last week had expressed serious concern over “unexplained delay” by federal agencies, including the ED, investigating the alleged frauds linked to RCOM and Anil Ambani. In the hearing Ambani assured the court he would not travel abroad without its permission.
Anil’s former Bollywood actress wife Tina Ambani was also summoned reportedly for questioning over the purchase of a luxury residence in New York. She, however, skipped that call last week, the second from the ED. The agency had arrested a former RCOM executive, Punit Garg, and said the property had been fraudulently sold by him in 2023. This was during RCOM’s corporate insolvency resolution.
The company, it is learnt, informed the stock exchange about the sale in 2025.
“The sale proceeds of US$ 8.3 million (worth Rs 69.55 crore in 2023) were remitted from the United States under the guise of a sham investment arrangement with a Dubai-based entity controlled by a Pakistan-linked individual…” the agency had said then.
(Manas Dasgupta)