Chargesheet filed against Reliance Infrastructure:Allegations of ₹187 crore fraud in 4 NHAI road projects, money laundering through fake bills and diamond imports

The Enforcement Directorate, or ED, has filed a chargesheet under the Prevention of Money Laundering Act (PMLA) against Reliance Infrastructure Limited, a major company of the Reliance Anil Ambani Group, its former director Satish Seth, and others. This action was taken on August 8 in the special PMLA court located in the Dwarka district court of New Delhi. In this case, the ED has accused Reliance Infrastructure that public funds from four road projects of the National Highway Authority of India (NHAI) were transferred elsewhere through a network of fake companies instead of being used for road construction. Money Laundering Through Fake Bills and Diamond Import Pretext The foundation of this case rests on FIR (No. 172/2026) filed by the Economic Offences Wing (EOW) of Mumbai Police on February 11, 2026. The EOW investigation revealed that several shell companies were created with the help of fake documents and bank accounts. These shell companies were being used for the movement of funds and sending money abroad under the guise of fake invoices, that is, fraudulent bills and importing diamonds at excessively high prices. Based on this FIR, the ED had initiated a money laundering investigation under PMLA. Diversion of Funds from 4 Highway Projects According to the ED’s investigation, public and bank money was invested in four major toll-road projects allotted by NHAI. These four projects are as follows: To complete these projects, grants were taken from NHAI and loans from banks and other financial institutions. The investigation revealed that between September and October 2010, approximately ₹187 crore was siphoned out of the company through back-dated contracts and fake sub-contracting arrangements. How the Funds Were Diverted: Money Trail from Construction to Diamond Traders ₹187 crore worth of property attached, Satish Seth in jail Taking action in this case, the investigating agency provisionally attached properties worth ₹187 crore on August 3. The attached properties include immovable properties, equity shares of Reliance Power Limited held by Reliance Infrastructure, and land belonging to Ksheerbadh Constructions Private Limited. In this case, the accused Satish Seth was arrested by ED on June 12 and he is currently in judicial custody (jail). Further action: Investigation into the role of others continues ED states that further investigation into the role of other individuals, officials, and associates in this case is ongoing. Supplementary chargesheets may also be filed in the coming days based on the findings of the investigation. What is a Shell Company? Shell companies exist on paper. Business is conducted by making small-time people their directors. The game of converting black money to white is played through entries.