ED Arrests Two Former Reliance Telecom Directors in Money Laundering Case

The Enforcement Directorate (ED) on Friday arrested two former executives of the Reliance Anil Ambani Group (RAAG) under the provisions of the Prevention of Money Laundering Act (PMLA) , marking another significant development in an ongoing investigation into alleged financial irregularities.

The arrested individuals, Sateesh Seth and Gautam Doshi , were taken into custody in Mumbai. According to officials, both are being brought to New Delhi on transit remand as the money laundering case is registered in the national capital.

Seth and Doshi previously served as directors of Reliance Telecom Ltd , a company that was part of the Reliance Anil Ambani-led business group. While the ED has not yet disclosed specific details of the allegations linked to the arrests, the action forms part of a broader probe under India's anti-money laundering framework.

The arrests underscore the agency's continued focus on investigating cases involving alleged corporate financial misconduct, diversion of funds, and suspected violations of financial regulations . Such investigations typically seek to trace the movement of funds, identify beneficiaries, and determine whether proceeds of crime were generated through unlawful activities.

The ED's action comes amid heightened scrutiny of financial practices within several corporate entities, with authorities increasingly relying on the PMLA to examine complex transactions and suspected economic offences.

Further details regarding the allegations and the next stage of the investigation are awaited as the agency proceeds with questioning and legal formalities.