New Delhi, India | February 10, 2026
The Enforcement Directorate (ED) has constituted a Special Investigation Team (SIT) to examine multiple cases linked to industrialist Anil Dhirubhai Ambani and his group companies. The move follows directions issued by the Supreme Court of India, officials said.
According to sources, the SIT will conduct a comprehensive probe into alleged financial irregularities, money laundering transactions, and other economic offences involving companies under the Anil Dhirubhai Ambani Group (ADAG).
SIT to Be Led by Additional Director–Rank Officer
The ED has set up the SIT to investigate banking and corporate fraud cases amounting to around ₹40,000 crore linked to ADAG and related entities. The team will be headed by an officer of Additional Director rank and will include around half a dozen investigators.
Officials said the SIT will examine complex financial trails, inter-corporate transactions, and suspected violations under the Prevention of Money Laundering Act (PMLA).
Supreme Court’s Direction
Last week, the Supreme Court reviewed cases involving ADAG and directed the ED to form a special investigation committee to ensure a fair, independent, speedy, and impartial probe.
The apex court also asked the Central Bureau of Investigation (CBI), which is already probing certain cases against ADAG, to examine aspects of alleged collusion, conspiracy, and coordination, and to take its investigation to a logical conclusion.
ED Probing the Group Since Last Year
The ED has been investigating Anil Ambani and his group companies since last year. So far, the agency has registered three Enforcement Case Information Reports (ECIRs) under the PMLA—ED’s equivalent of police FIRs.
During the course of the probe, the agency has attached assets worth approximately ₹12,000 crore, sources said.
Officials added that the newly formed SIT may file additional ECIRs against ADAG companies and their executives as it examines alleged illegal and suspicious financial transactions.
Anil Ambani Already Questioned
The ED had questioned Anil Ambani last year in connection with alleged irregularities in bank loans availed by group companies. Recently, a former senior executive of the group and former Reliance Communications chairman Puneet Garg was arrested by the agency.
Companies of the Anil Ambani group have consistently denied any wrongdoing in the past.
Allegations of Misuse of Public Funds
Earlier, the ED had stated that it found evidence suggesting “fraudulent diversion and misuse of public funds” by various companies of the Reliance Anil Ambani Group. Entities named in the probe include:
Reliance Communications Limited
Reliance Home Finance Limited
Reliance Commercial Finance Limited
Reliance Infrastructure Limited
Reliance Power Limited
What Lies Ahead
With the formation of the SIT, investigators are expected to intensify scrutiny of ADAG-linked transactions. Legal experts say the Supreme Court’s monitoring could accelerate proceedings while ensuring procedural fairness.
