The Enforcement Directorate (ED) has temporarily attached a property in Mumbai linked to businessman Anil Ambani as part of an ongoing money laundering investigation. The action has been taken under the Prevention of Money Laundering Act (PMLA) following financial scrutiny related to suspected irregularities.
According to officials, the attached property is connected to transactions currently under examination by the agency. The move is intended to prevent the sale or transfer of assets while the investigation continues. The ED is analysing financial records, bank transactions and corporate links associated with the case.
Sources said the probe is focused on alleged financial dealings involving loans and investments that are under regulatory review. The attachment of assets is a standard procedure under law when authorities believe the property may be linked to proceeds of crime.
The agency has stated that the attachment is provisional and subject to confirmation by the adjudicating authority. If upheld, the property will remain under attachment until the conclusion of legal proceedings.
No final determination of guilt has been made and the investigation is ongoing. Officials noted that further action may follow based on the outcome of financial analysis and legal evaluation.
The case highlights continued efforts by financial authorities to track and recover assets suspected to be linked to money laundering activities.
