Enforcement Directorate Raids Multiple Locations Linked to Anil Ambani and Reliance Power

The Enforcement Directorate (ED) conducted coordinated raids early Friday at 10 to 12 locations in Mumbai and Hyderabad linked to businessman Anil Ambani and Reliance Power Ltd. Approximately 15 ED teams searched premises associated with Ambani's companies amid an ongoing money laundering and financial irregularities investigation. The actions follow the provisional attachment of Ambani's Mumbai residence valued over Rs 3,700 crore. Officials are examining financial and digital records as part of a probe related to alleged bank fraud and regulatory issues involving Ambani's business network.