NEW DELHI: The Enforcement Directorate has informed Supreme Court that NBFC entities of Reliance ADAG – Reliance Home Finance Ltd and Reliance Commercial Finance Ltd – had siphoned off parts of Rs 15,500 crore, they had raised from banks, through “an intricate network of 53 shell and group entities under control of R-ADAG”.ED sources said the agency gave details of the investigation carried out against different R-ADAG companies in the alleged siphoning scam to a bench led by CJI Surya Kant Monday. It said the ongoing probe found that 35 banks and financial institutions lent money to the two banks without proper documentation or credible credit appraisal. So far, assets worth Rs 5,500 crore have been attached.Sources said Reliance Communications (RCom) group companies diverted parts of over Rs 40,000 crore they had raised from 2007 onwards, ” towards acquisition of a luxury yacht ‘Tian’ and a luxury condominium in Manhattan, New York”. They claimed these assets were subsequently sold during the Corporate Insolvency Resolution Process, and the sale proceeds were allegedly diverted to Dubai. RCom’s assets worth approximately Rs 15,000 crore have been attached. In both cases, group MDs – Amitabh Jhunjhunwala and Gautam Doshi – have been arrested with other top officials, they said.Agency sources said they had detected Rs 200 crore of public funds being siphoned off in connection with NHAI tenders by Reliance Infrastructure Ltd. In connected FEMA proceedings, the adjudicating authority has confirmed seizure of approximately Rs 77 crore.They said Reliance Power Ltd had furnished a forged bank guarantee issued by a non-existent foreign bank for participation in a tender and it led to loss of Rs 105 crore to the exchequer.Since April 28, the agencies have carried out 19 search operations and ED has attached properties worth Rs 1,021 crore. ED has filed an additional prosecution complaint in the RHFL-RCFL matter, where proceeds of crime were quantified at Rs 15,548 crore after verifying the complete trail of funds. As many as 55 people have been arraigned as accused in the complaint, ED said. It added so far, assets valued at Rs 20,367 crore have been attached, including Anil Ambani’s residence at Pali Hill, Mumbai, Reliance Centre properties in Delhi and Mumbai, and shareholding in flagship companies including R-Infra and Reliance Power.