. Enforcement Directorate late Wednesday arrested Amitabh Jhunjhunwala in Mumbai in an ongoing money laundering investigation against entities of the Anil Ambani group, including Reliance Home Finance and Reliance Commercial Finance. ED produced Jhunjhunwala before a special court and sought his remand. Jhunjhunwala had served as the vice-chairman of Reliance Capital Ltd that held these entities.ED also arrested Amit Bapna, PTI reported. Bapna had served as CFO and COO of Reliance Capital between 2008 and 2020.A spokesperson for Anil Ambani said Jhunjhunwala, now a fund manager with operations in Dubai and Singapore, is no longer associated with Reliance ADAG.Jhunjhunwala was part of the unified Reliance group and had been associated with Reliance Industries Ltd for more than two decades prior to the group’s demerger.CBI had questioned Jhunjhunwala in March for over three days, just before Anil Ambani’s sessions with the agency scheduled for March 19 and 20.Anil Ambani himself has been questioned at least twice by Enforcement Directorate, which recorded his statements in connection with multiple money laundering investigations initiated by the agency for the alleged siphoning of public funds through shell entities. His last interrogation was at ED headquarters on Feb 26, a day after the agency claimed to have attached his Mumbai residence worth over Rs 3,600 crore.ED has attached more than Rs 15,000 crore of assets of Ambani and his associated entities, so far, in multiple money laundering cases.Ambani and his associates are being investigated for a banking fraud of more than Rs 40,000 crore involving Reliance Communication (R-Comm) and other entities.ED had earlier arrested another of Ambani’s close aides, Punit Garg, following the discovery of purchase of an apartment in Manhattan, New York worth over Rs 70 crore, allegedly using proceeds of crime laundered from bank loans one of his group entities had received in India.Ambani’s wife Tina is also being investigated in connection with the Manhattan apartment and its subsequent sale and alleged transfer of “proceeds of crime” to a Dubai-based shell company.End of ArticleFollow Us On Social MediaVideos’India In Talks With Many Countries Over Hormuz’: MEA Amid US’ Naval BlockadeTamil Nadu elections 2026: Freebies war heats up between DMK, AIADMK & rivals’Not Shehbaz Sharif’: Ex-Minister Fawad Chaudhry Calls Asim Munir ‘De Facto Leader Of Pakistan’TCS Row Explodes: Horrific Details Of Sexual Abuse, Conversion Claims Rock India’s CorporateWomen’s Reservation Bill A ‘Trick’ To Hike Lok Sabha Seats? | Delimitation | Slam Dunk With TehseenIndia Bloc Backs Women’s Reservation But Opposes Delimitation, Flags Risk Of Political Power Shift‘Completely Unacceptable’: Jaishankar Slams Attacks On Merchant Shipping At Azec Plus MeetWomen’s Quota Bill: Govt Clarifies 850-Seat Lok Sabha Plan, Opposition Flags Delimitation ConcernsIndian Delegation To Visit Washington Next Week To Resume Talks On India-US Trade DealDelimitation Row Escalates As TN CM Stalin Warns Of Statewide Protests123Photostories8 ’90s baby names making a comeback with Gen AlphaGauranga Das shares 3 ways to deal with toxic family membersChef Vikas Khanna makes it to 100 Most Influential People of 2026: 5 success lessons to learn from his culinary journeyFrom growing up in a conservative family to shooting her debut music video without informing them: Naagin 7’s Kanika Mann opens up about her journeyAre you about to get fired? 3 warning signs to watch out for and 5 ways to save your job, shares Ankur WarikooChandigarh’s Billionaire Lanes: 5 premium regions where the city’s rich live6 desi Indian dishes among Top 32 Rice Puddings in the WorldRanveer Allahbadia’s girlfriend Juhi Bhatt is redefining traditional wedding dressing with contemporary elegancePriyanka Chopra recommends this must-try street food from Mumbai, and it’s not Vada PavFrom ‘Fleabag’ to ‘Arrested Development’: Some of the best dark comedy dramas to add to your watchlist123Hot PicksIran warDisney layoffsPurple cap winnerOrange cap winnerIPL Points TablePublic holidays April 2026Bank Holidays AprilTop TrendingTaylor Swift Wedding DressCanada Citizenship GarbaUK Migrant Gay ClaimsCBSE Class 12 ResultNirav ModiOmar Tricolour RowKargil Statehood DemandIPL Points TableIran crude oilMeenu Batra
Enforcement Directorate late Wednesday arrested Amitabh Jhunjhunwala in Mumbai in an ongoing money laundering investigation against entities of the Anil Ambani group, including Reliance Home Finance and Reliance Commercial Finance. ED produced Jhunjhunwala before a special court and sought his remand. Jhunjhunwala had served as the vice-chairman of Reliance Capital Ltd that held these entities.ED also arrested Amit Bapna, PTI reported. Bapna had served as CFO and COO of Reliance Capital between 2008 and 2020.A spokesperson for Anil Ambani said Jhunjhunwala, now a fund manager with operations in Dubai and Singapore, is no longer associated with Reliance ADAG.Jhunjhunwala was part of the unified Reliance group and had been associated with Reliance Industries Ltd for more than two decades prior to the group’s demerger.CBI had questioned Jhunjhunwala in March for over three days, just before Anil Ambani’s sessions with the agency scheduled for March 19 and 20.Anil Ambani himself has been questioned at least twice by Enforcement Directorate, which recorded his statements in connection with multiple money laundering investigations initiated by the agency for the alleged siphoning of public funds through shell entities. His last interrogation was at ED headquarters on Feb 26, a day after the agency claimed to have attached his Mumbai residence worth over Rs 3,600 crore.ED has attached more than Rs 15,000 crore of assets of Ambani and his associated entities, so far, in multiple money laundering cases.Ambani and his associates are being investigated for a banking fraud of more than Rs 40,000 crore involving Reliance Communication (R-Comm) and other entities.ED had earlier arrested another of Ambani’s close aides, Punit Garg, following the discovery of purchase of an apartment in Manhattan, New York worth over Rs 70 crore, allegedly using proceeds of crime laundered from bank loans one of his group entities had received in India.Ambani’s wife Tina is also being investigated in connection with the Manhattan apartment and its subsequent sale and alleged transfer of “proceeds of crime” to a Dubai-based shell company.
