ED raids Reliance Infra, ADAG firms over ₹17,000 cr FEMA probe
The Enforcement Directorate searched six locations in Mumbai and Indore tied to Reliance Infrastructure and affiliated ADAG firms, alleging violations of FEMA. The probe centres on ₹17,000 crore in loan diversion via undisclosed inter-corporate deposits. Anil Ambani has been questioned and barred from overseas travel. Reliance Infra says it is cooperating and claims “no impact” on operations.