ED hands Rana Kapoor in new money laundering case

New Delhi / Mumbai: The ED has filed a new money laundering complaint against Yes Bank promoter Rana Kapoor and his wife for allegedly obtaining ??A 307 crore bribe from a real estate company via the purchase of a bungalow in Lutyens in Delhi at half the market price, officials said on Tuesday. The agency alleged that the bribe was …

YES Banking crisis: ED summons Anil Ambani to investigate Rana Kapoor

Confirming the development, an ED official said the agency was reviewing all of the bank’s large borrowers and distressed loans sanctioned during Kapoor’s tenure. The subjectsYES Bank | Rana Kapoor | Anil Ambani The Enforcement Department (ED) has summoned Reliance Group Chairman Anil Ambani as part of the ongoing money laundering investigation against the co-founder and former CEO of YES …

Rana Kapoor will remain in emergency detention until March 20

MUMBAI : A special court in Mumbai extended the custody of Yes Bank co-founder Rana Kapoor on Monday until March 20, after the Directorate of Enforcement (ED) claimed the case was a large-scale fraud scale involving public money. “We are trying to uncover illegal transactions and the layering of such loans,” said Additional Attorney General Anil Singh, appearing for the …

YES Banking crisis: the CBI files a complaint against Rana Kapoor, wife

The Central Bureau of Investigation (CBI) has filed a new complaint against YES Bank co-founder Rana Kapoor and his wife, Bindu Kapoor, for allegedly obtaining an illegal gratuity by acquiring property in New Delhi from Gautam’s Avantha Group Thapar and, in exchange, waive the contributions of the industrial house and make new loans. The CBI has charged Thapar, Rana Kapoor …

Rana Kapoor, wife sentenced in new corruption case

New Delhi: The CBI has reserved Yes Bank founder Rana kapoor and his wife Bindu for allegedly obtaining a bribe of Rs 307 crore by buying a bungalow in an area of ​​Delhi from a real estate company at half the market price and facilitating bank loans of around Rs 1,900 crore in return officials said on Friday. The agency …

L&T opposes Bombay HC over RBI decision to invalidate additional Tier 1 bonds

Larsen and Toubro have challenged the Bombay High Court against the decision of the Reserve Bank of India to invalidate the additional level 1 obligation of the YES bank in crisis in accordance with a new proposed reconstruction plan. L & T’s petition for brief under the Banking Regulation Act comes after Axis Trustee Services Limited (ATSL), the largest bondholder, …