Rana Kapoor Arrested: ED is arrested by former managing director of Yes Bank, Rana Kapoor.
Mumbai: Rana Kapoor, former managing director and CEO of Yes Bank, has been arrested by the Enforcement Directorate (ED). Rana Kapoor was presented by the ED today in a special PMLA court. The court sent him to ED custody till 30 January.
Rana Kapoor has been arrested in a new money laundering case. The case is related to HDIL and Mac Star Marketing Private Limited.
Explain that Kapoor was arrested by the Enforcement Directorate (ED) in another case in March last year. He has been in judicial custody since then. Now he has been arrested in another case. More Read: Mark Zuckerberg took a big decision, Facebook will not recommend political groups from now on
The Bombay High Court on Monday refused to grant bail to Yes Bank founder Rana Kapoor in the money laundering case. The ED is investigating against Kapoor, his wife and their three daughters for allegedly acquiring Rs 600 crore from a DHFL-linked company.
