ED arrests Yes Bank founder Rana Kapoor under money laundering charges
ED arrests Yes Bank founder Rana Kapoor under money laundering charges
Enforcement Directorate (ED) arrested Yes Bank founder Rana Kapoor on March 08.
He was arrested under money laundering case related to Dewan Housing Finance Corporation Ltd.
He will be produced before a local court today.
On Friday, the ED had raided Kapoorโs residence.
Reserve Bank of India put Yes Bank under a moratorium and capped withdrawals for depositors at Rs 50,000 till April 3.