• News
  • Videos
  • India
  • Yes Bank scam: ED arrests Rana Kapoor in DHFL money laundering case
  • 2232 views
  • 1 day ago

Yes Bank scam: ED arrests Rana Kapoor in DHFL money laundering case

Mar 08, 2020, 08:35AM ISTSource: Times Now

The Enforcement Directorate (ED) arrested Yes Bank promoter Rana Kapoor after 30 hours of questioning. Rana Kapoor was arrested in a money laundering case related with Dewan Housing Finance Corporation Ltd (DHFL). According to Enforcement Directorate, Yes Bank had provided a loan of Rs 3,750 crore to DHFL and another loan of Rs 750 crore to RKW Developers, a firm controlled by DHFL. ED further suspects that Rana Kapoor's Doit Urban Ventures received Rs 600 crore as kickbacks from the scam-hit DHFL for loans worth Rs 4,450 crore granted by Yes Bank.

ad
Get the app