Overview
- Orders dated Oct. 31 under PMLA Section 5(1) provisionally attach more than 40 properties across multiple cities, including the Pali Hill residence and the Reliance Centre in New Delhi.
- ED alleges loans were approved and disbursed on the same day, with blank or undated documents and inadequate security, indicating intentional misuse of funds.
- Yes Bank invested Rs 2,965 crore in RHFL and Rs 2,045 crore in RCFL during 2017–2019, which became non‑performing by December 2019 with significant dues outstanding.
- The agency says a separate inquiry into Reliance Communications has detected about Rs 13,600 crore in alleged diversion and evergreening, including routing to connected parties and parking in FDs/MFs.
- Parallel scrutiny includes CBI charge sheets tied to Rana Kapoor‑linked entities and SEBI show‑cause notices, while the Reliance Group has previously denied wrongdoing and has not issued a fresh comment.