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Rana Kapoor, former managing director & CEO, YES BANK. File Former Yes Bank CEO Rana Kapoor is being questioned today as a part of money laundering investigations against Anil Ambani group companies at the Enforcement Diretorate headquaters, an ED official said. The statement is being recorded under the Prevention of Money Laundering Act (PMLA), they…
Rana Kapoor, founder of the Yes Bank. File | Photo Credit: AFP A special court in Mumbai granted bail to Yes Bank co-founder Rana Kapoor on Friday. The Enforcement Directorate (ED), Mumbai, arrested Mr. Kapoor on March 7, 2020, for involvement in a ₹ 466.51 crore bank fraud. He was also charged with money laundering…
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Yes Bank founder Rana Kapoor. File. | Photo Credit: PAUL NORONHA Capital markets regulator SEBI has ordered the defreezing of bank accounts as well as share and mutual fund holdings of Rana Kapoor, former MD and CEO of Yes Bank. Kapoor has been in jail since March 2020 in connection with the DHFL money laundering…
Read More “SEBI orders defreezing of bank, demat accounts, MF folios of Rana Kapoor” »