ED Raids on Anil Ambani

The Enforcement Directorate (ED) has launched massive raids on Anil Ambani’s Reliance Group offices in connection with an alleged SBI bank fraud case.

According to sources, the ED is conducting searches across 50 locations in Mumbai and Delhi, including corporate offices and residences linked to the Reliance Group and its executives. The raids began early Wednesday morning and are part of an ongoing investigation into financial irregularities and alleged loan defaults.

The case reportedly involves allegations of fraud against State Bank of India (SBI) and other public sector banks, with loans taken by Reliance Group companies allegedly being diverted or misused.

While the ED has not officially confirmed details, sources say that several digital and physical documents are being seized as part of the operation. Further action may follow based on the evidence collected.