Rana Kapoor, former CEO of Yes Bank arrested in cash laundering case, was being questioned for 31 hours

by Jeremy Spirogis
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According to info obtained from sources, Rana Kapoor has been arrested after questioning for greater than 31 hours.

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 occurring with Rana Kapoor.

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

An announcement was additionally recorded from his daughter relating to the identical case, though now he has been arrested at 4:00 am on Sunday. ED officers will now current Rana within the courtroom 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Yes Bank, underneath which it was mentioned that until April 3, withdrawals of greater than 50,000 is not going to be withdrawn.

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