The Enforcement Directorate (ED) arrested the 62-year-old founder of Yes Bank, Rana Kapoor, early Sunday morning after 30 hours of questioning, capping two days of action that began with raids on the banker’s Samudra Mahal residence in Worli and curbs being imposed on withdrawals from the bank.
Kapoor, who faces allegations of money laundering and receiving Rs 600 crore in bribes from scam-tainted Dewan Housing Finance Corporation Ltd (DHFL), was produced at noon before judge SR Salunkhe of the holiday court. He was remanded to ED custody till March11.
The Enforcement Directorate (ED) arrested the 62-year-old founder of Yes Bank, Rana Kapoor, early Sunday morning after 30 hours of questioning, capping two days of action that began with raids on the banker’s Samudra Mahal residence in Worli and curbs being imposed on withdrawals from the bank.
Kapoor, who faces allegations of money laundering and receiving Rs 600 crore in bribes from scam-tainted Dewan Housing Finance Corporation Ltd (DHFL), was produced at noon before judge SR Salunkhe of the holiday court. He was remanded to ED custody till March11.
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