Enforcement Directorate Attaches Anil Ambani's Mumbai Property in RCOM Fraud Case

The Enforcement Directorate has attached Anil Ambani's Mumbai house valued at Rs 3,716 crore under anti-money laundering laws linked to alleged bank fraud by his company RCOM. The Bombay High Court permitted action against Ambani following the RBI's fraud classification. Ambani is scheduled to appear before the ED on February 26 and has stated in a Supreme Court affidavit that he is cooperating and not involved in daily operations of the company.