ED attaches ₹1,120 crore assets in Reliance Home Finance case

Key Points

1. Enforcement Directorate (ED) attached assets worth ₹1,120 crore related to Reliance Anil Ambani Group.
2. The case involves alleged fraud related to Reliance Home Finance, Reliance Commercial Finance Limited, and Yes Bank.
3. Attached assets include properties, fixed deposits, bank balances, and shareholding in unquoted investments.
4. Earlier, the ED had attached properties worth over ₹8,997 crore in similar bank fraud cases.
5. Cumulative attachment related to the Reliance Anil Ambani Group has now reached ₹10,117 crore.
6. Yes Bank invested ₹2,965 crore in RHFL instruments and ₹2,045 crore in RCFL instruments during 2017-2019.
7. RCom and its group companies allegedly diverted over ₹13,600 crore for 'evergreening' of loans.