Enforcement Directorate Launches Major Raids in Mumbai and Hyderabad Targeting Anil Ambani's Reliance Power

The Enforcement Directorate has initiated significant raids at multiple locations in Mumbai and Hyderabad, targeting Reliance Power Ltd., a company associated with Anil Ambani. This action is part of a larger investigation into alleged money laundering and bank fraud involving several companies linked to Ambani. With around 15 teams deployed, the ED is focusing on 10 to 12 sites connected to the firm and its executives. This development raises questions about the financial dealings of one of India's prominent business figures.

By Narendra Chaudhary Mar 6, 2026, 10:34 IST

ED Conducts Raids in Connection with Money Laundering Case

New Delhi: On Friday, the Enforcement Directorate (ED) executed searches at various sites in Mumbai and Hyderabad as part of an ongoing investigation into money laundering involving Reliance Power Ltd., a company associated with businessman Anil Ambani, according to officials.

The agency is reportedly targeting around 10 to 12 locations connected to the firm and its executives across the two cities.

Approximately 15 teams from the ED are involved in this operation, as stated by the officials.

This investigation is part of a broader probe into several companies linked to Anil Ambani, focusing on allegations of bank fraud and associated money laundering activities.