Indian financial crimes agency freezes Anil Ambani Group properties worth $63 million

Source: Reuters (via feed)




India’s financial crimes agency has frozen properties worth 5.82 billion rupees, equivalent to $63.07 million. The Enforcement Directorate announced the freeze on Thursday. The properties are linked to Reliance Home Finance Limited and Reliance Commercial Finance.

BizTrendWire Insight:

The Enforcement Directorate announced the freeze of assets connected to specific financial companies. This is relevant to monitoring asset management in these firms.


Read full story on Reuters

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