Legal Analysis Of ED Raids On Reliance Anil Ambani Group: PMLA Enforcement, Yes Bank Fraud Allegations, & Corporate Accountability
- IJLLR Journal
- Sep 1
- 1 min read
Harini S, LLB, Sathyabama Institute of Science & Technology, Chennai
ABSTRACT
This research paper explores recent Enforcement Directorate raids on the Reliance Anil Ambani Group (RAAGA) in July 2025, by analysing enforcement mechanism of the Prevention of Money Laundering Act, 2002, the allegations of banking fraud case of Yes Bank and the corporate accountability system in India. The paper critically analyses the legal consequences of the ₹3000 crore alleged fraud, violations of procedures in granting loans, and the effectiveness of the existing regulatory instruments in averting and preventing corporate financial crimes. This paper will examine the interplay of the laws on anti-money laundering, banking regulations and principles of corporate governance in dealing with large- scale financial anomalies.
Keywords: Prevention of Money Laundering Act 2002, Banking Fraud, Corporate Accountability, Yes Bank, Reliance Anil Ambani Group, Enforcement Directorate
