Former CEO of YES Bank Rana Kapoor arrested in cash laundering case, interrogation was happening for 31 hours

by Jeremy Spirogis
778 fine for drunk driving, 1100 for violation of traffic rules – New Year celebration

Mumbai. Rana Kapoor, the founding father of Yes Bank, has been arrested by the ED officers. According to info obtained from sources, he was arrested after questioning for greater than 31 hours. Please inform that from 12:00 pm on Saturday afternoon, the Enforcement Directorate's inquiry was happening with Rana Kapoor.

Earlier on Friday night, the Enforcement Directorate raided Rana Kapoor's home Samudri Mahal in Worli. Let us let you know that the arrest of Rana Kapoor has been carried out in the identical case which was discovered to be irregular in DHFL and UP Power Corporation Limited. <! –

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A press release was additionally recorded from his daughter concerning the identical case, though now he has been arrested at 4:00 am on Sunday. ED officers will now current Rana within the court docket and take additional motion.

Please inform that on Thursday, a round was issued by the Reserve Bank of India for the purchasers of Yes Bank, beneath which it was mentioned that until April 3, withdrawals of greater than 50,000 won’t be withdrawn.

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