logo
 
In Mumbai, Roshni Kapoor, daughter of Yes Bank founder Rana Kapoor, was stopped at the airport last evening before boarding a flight to London amid a corruption investigation into the massive crisis that has hit India's fifth largest private lender.

The action came following a lookout notice issued against her and other family members of Rana Kapoor who was sent to the Enforcement Directorate's (ED) custody till March 11 by a Mumbai court yesterday.

The agency which investigates financial crimes



arrested Rana Kapoor on charges of money laundering earlier in the day after hours of interrogation and searches at his and his daughters' residences in Delhi and Mumbai.

In the court, the Enforcement Directorate lawyer alleged that Yes Bank had bought debentures worth 3,700 crore rupees of Dewan Housing and Finance Ltd, which had granted a 600-crore rupee loan to a company called Doit, owned by Rana Kapoor's three daughters Roshni Kapoor, Rakhee Kapoor Tandon and Radha Kapoor.




No Comments For This Post, Be first to write a Comment.
Leave a Comment
Name:
Email:
Comment:
Enter the code shown:


Can't read the image? click here to refresh

Todays Epaper

English Weekly

neerus indian ethnic wear
Latest Urdu News

Do you think Ruturaj Gaikwad would be a good captain for Chennai Super Kings?

Yes
No
Can't Say