New Delhi, August 9, 2026 (Yes Punjab News)
The Directorate of Enforcement (ED) has filed a prosecution complaint against Reliance Infrastructure Ltd. (RIL), an Anil Ambani Group company, for alleged diversion of around Rs 187 crore from four National Highways Authority of India (NHAI)-awarded road projects, the agency said on Sunday.
The complaint, filed under the Prevention of Money Laundering Act (PMLA) before a special court in New Delhi, also names Sateesh Seth and others as accused. They have been booked under Section 3 and Section 3 read with Section 70, punishable under Section 4 of the PMLA.
According to the ED, an organised scheme was allegedly used to divert public funds from four toll-road projects — Trichy-Karur (NH-67), Trichy-Dindigul (NH-45), Salem-Ulundurpet (NH-68) and Jaipur-Reengus (NH-11). The projects were funded through NHAI grants as well as loans from banks and financial institutions.
The agency alleged that approximately Rs 187 crore was siphoned off during September and October 2010 through fictitious subcontracting arrangements, including sham, post-facto and back-dated documents.
The ED said funds were routed from RIL or its project-specific special purpose vehicles and EPC contractors to construction contractors and subsequently to shell entities with no connection to road construction. The money was allegedly layered through shell companies and diamond traders before documents were created to present the transactions as legitimate project expenditure.
The agency said it provisionally attached assets worth Rs 187 crore on August 3, including immovable properties and equity shares of Reliance Power Ltd. held by RIL, as well as land held by Ksheeraabd Constructions Pvt. Ltd.
Seth was arrested in the case on June 12 and is currently in judicial custody.
The ED initiated its probe following an FIR registered by the Economic Offences Wing, Mumbai, on February 11, 2026. The FIR concerns alleged shell companies created using forged documents and bank accounts to route funds and make outward remittances through fictitious invoices and overvalued diamond imports.
The agency said further investigation into the role of other individuals is underway.
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