Yes Bank founder Rana Kapoor has received a setback from the Mumbai High Court. In the money laundering case, the court has rejected his bail plea.
Yes Bank founder Rana Kapoor has received a setback from the Mumbai High Court. In the money laundering case, the court has rejected his bail plea. The Enforcement Directorate (ED) is investigating the matter. Rana Kapoor is currently lodged in Taloja Jail.
The Directorate of Promotion said in the court that I am afraid that if Rana Kapoor is released from jail, he will sell his property and we will have nothing left. At the same time, Rana Kapoor’s lawyers said that if investigation is going on against anyone, it does not mean that he will not get bail.
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