New Delhi, April 28 -- The Enforcement Directorate (ED) on Tuesday said that they have attached assets valued at Rs 3,034.90 crore in connection with the M/s Reliance Communications Ltd. (RCOM) bank fraud case, taking the total attachment in Reliance Anil Ambani Group (RAAG) cases to over Rs 19,344 crore.
The Special Investigation Team (SIT), constituted on the directions of the Supreme Court, is probing the RAAG cases involving alleged diversion and laundering of bank and public funds.
The ED carried out the provisional attachment under Section 5 of the Prevention of Money Laundering Act (PMLA), 2002, to prevent dissipation of assets and safeguard the interests of banks and the public.
The investigation was initiated based on multiple C...