The Enforcement Directorate (ED) here on Monday seized former Prime Minister Rajiv Gandhi's portrait, bought by arrested Yes Bank founder Rana Kapoor from Congress General Secretary Priyanka Gandhi Vadra for Rs 2 crore in June 2010.
Reacting to the Yes Bank crisis, senior advocate Vikas Pahwa on Monday advised investors and depositors not to approach the courts immediately
The CBI investigation into the case involving Yes Bank founder Rana Kapoor has revealed that he and his family members were paid Rs 600 crore as kickback by DHFL promoter Kapil Wadhwan in the garb of a "builder loan".
The Central Bureau of Investigation (CBI) has named Yes Bank founder Rana Kapoor, his wife, and daughters in an FIR registered against him in connection with the bank scam pertaining to the Rs 600 crore alleged bribe to his family by DHFL.
Yes Bank Crisis Live Updates: The CBI carried out searches at seven locations, including Rana Kapoor's house on Monday in connection with the Yes Bank scam pertaining to the Rs 600 crore alleged bribe to the family of its co-founder Rana Kapoor by DHFL.
Yes Bank founder Rana Kapoor is known for his flamboyant lifestyle and extravagant ways, and that is probably a reason why the Yes Bank has a deep hole of Rs 54,000 crore in its pocket.
The former MD and CEO of Yes Bank Rana Kapoor, along with his family members, allegedly set up over 20 shell companies to receive kickbacks
Investments worth over Rs 2,000 crore, 44 expensive paintings and a dozen alleged shell firms are at the heart of ED's investigations against Yes Bank founder Rana Kapoor who was arrested by the agency on Sunday on money laundering charges, officials said.
Yes Bank founder Rana Kapoor, who has been arrested by Enforcement Directorate (ED) in a money laundering case, has been sent to its custody till March 11 by a Mumbai's Special Holiday Court.
The Enforcement Directorate on Sunday arrested Rana Kapoor, the founder of Yes Bank under the charges of Money Laundering. According to the ED, Kapoor was placed under arrest around 3 am under the provision of the Prevention of Money Laundering Act (PMLA) as he was allegedly not cooperating in the probe.
Yes Bank founder Rana Kapoor left from St George's Hospital in Mumbai on March 08. He left from hospital after medical examination.
The Enforcement Directorate (ED) arrested Yes Bank founder Rana Kapoor under money laundering charges in the wee hours of Sunday, officials said.
SBI chairman Rajnish Kumar on Saturday said that there is no question of a merger with the Yes Bank, as it is evaluating the restructuring draft scheme of the crisis-hit bank.
The Enforcement Directorate (ED) conducted raid at Yes Bank founder Rana Kapoor's residence in Mumbai. Raid is underway at 'Samudra Mahal' residential tower in Mumbai.
Top News
Latest News
