India, April 29 -- The Enforcement Directorate (ED) on Tuesday attached a Mumbai flat belonging to industrialist Anil Ambani and a Khandala farmhouse held jointly by his son Jai Anshul Ambani under a '3,034 crore worth attachment in a bank fraud-linked money laundering probe against Reliance Communications. The provisional attachment under the Prevention of Money Laundering Act (PMLA) has been made to prevent dissipation of assets and to protect the interests of banks and the public, the Enforcement Directorate said in a statement.
The money laundering case stems from a clutch of CBI FIRs registered on the basis of the complaints of State Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corporation of India against ...
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