The Enforcement Directorate (ED) has seized former Prime Minister Rajiv Gandhi portrait portray bought by Yes Bank founder Rana Kapoor from Congress General Secretary Priyanka Gandhi Vadra on Monday night. The ED seized the portray from Kapoor's home in Mumbai and took it to his Mumbai zonal workplace. The ED has seized Rajiv Gandhi's petitions below the PMLA. There is a portrait of Rajiv Gandhi, it was bought by artist MF Hussain within the 12 months 2010 by Kapoor for Rs 2 crore.
In 1985, Rajiv Gandhi was given this sketch on the centenary celebrations of the Congress Party. According to a report, in 2010, Priyanka Gandhi additionally wrote a thanks letter to Kapoor which mentioned "Thank you for buying the portrait of my father Mr. Rajiv Gandhi which was made by MF Hussain. <! –
It was offered to him at a Congress social gathering operate in 1985. "
He mentioned "I confirmed receipt of a letter on 3 June 2010. Also paid Rs 2 crore in your HSBC account by check dated 3 June 2010". After about 15 hours of questioning on Sunday, the ED instructed Kapoor He was arrested. He has been remanded to ED custody until March 11. The investigating company had registered an ECIR towards Kapoor on Saturday earlier than his arrest.
The ED mentioned in an official assertion "The newest grievance was filed solely on ample proof of discovery and two suspicious transactions. According to ED officers, Yes Bank had bought 3,700 in short-term debentures of the rip-off DHFL (Dewan Housing Finance Limited). Invested crores of rupees.
44 corporations of those 10 large company homes took mortgage of Rs 34,000 crore from Yes Bank