ED Informs Supreme Court: Reliance ADAG Siphoned Loan Money Through 53 Shell Firms

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Finance

15 July 2026 at 11:17 am

ED Informs Supreme Court: Reliance ADAG Siphoned Loan Money Through 53 Shell Firms

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Summary

The Enforcement Directorate informed the Supreme Court that Reliance ADAG entities allegedly siphoned off bank loan money using 53 shell firms, leading to the attachment of assets worth over Rs 5,500 crore.

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