Thursday, July 9, 2020

ED attaches over Rs 2,200 crore assets of Rana Kapoor, others in Yes Bank PMLA case

The ED has accused Rana Kapoor, his family members and others of laundering proceeds of crime worth Rs 4,300 crore by receiving alleged kickbacks in lieu of extending big loans through their bank that later turned into non-performing assets (NPA).

source https://economictimes.indiatimes.com/industry/banking/finance/banking/ed-attaches-over-rs-2200-crore-assets-of-rana-kapoor-others-in-yes-bank-pmla-case/articleshow/76873139.cms

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