According to the ED, the complaint was filed before a special court in New Delhi on Saturday against Reliance Infrastructure Ltd., Sateesh Seth and others for alleged offences under the PMLA.

ED Alleges ₹187 Crore Diverted From Highway Projects

The ED said its investigation uncovered an alleged organised scheme to divert public funds from four NHAI-awarded toll-road projects — Trichy-Karur (NH-67), Trichy-Dindigul (NH-45), Salem-Ulundurpet (NH-68) and Jaipur-Reengus (NH-11).

The projects were financed through NHAI grants as well as loans from banks and financial institutions.

The agency alleged that around ₹187 crore was siphoned off between September and October 2010 through sham, post-facto or back-dated arrangements for fictitious subcontracting work.

According to the ED, the money moved from Reliance Infrastructure or project-specific special purpose vehicles and EPC contractors to construction contractors and subsequently to shell entities that had no connection with road construction.

The agency alleged that documents were later created to portray the transactions as genuine project expenditure. The funds were allegedly layered through shell entities and diamond traders.

ED Attaches ₹187 Crore Assets

The ED said it provisionally attached assets valued at around ₹187 crore on August 3 in connection with the case.

The attached assets include immovable properties and equity shares of Reliance Power Limited held by Reliance Infrastructure, along with land held by Ksheeraabd Constructions Private Limited.

Sateesh Seth was arrested in the case on June 12 and remains in judicial custody, according to the agency.

The ED launched its investigation based on an FIR registered by the Economic Offences Wing, Mumbai, on February 11, 2026. The FIR relates to alleged shell companies incorporated and operated using forged documents and bank accounts to route funds and outward remittances through fictitious invoices and over-valued diamond imports.

The ED said further investigation into the role of other individuals is underway.