Live
- Odisha begins Mahtab’s 125th birth anniv celebrations
- Bhadrak: Four held for murder of ex-Sarpanch
- National honour for Odia chest specialist
- Sold newborn traced in Raipur
- AIBOC warns of agitation
- 4 held from Gujarat in ‘digital arrest’ case
- 10 held for attack on MLA Himanshu
- BJD refutes allegations of Adani paying bribe to officials
- Will move Supreme Court if no action over MLA disqualification; KTR
- UN committed to communicating in Hindi, will expand programme: Official
Just In
Enforcement Directorate has attached assets to the tune of Rs 2203 crore in the Yes Bank case.
Enforcement Directorate has attached assets to the tune of Rs 2203 crore in the Yes Bank case. These assets belong to Rana Kapoor, Kapil Wadhawan and Dheeraj Wadhawan and the entities controlled by them. The attached assets include immovable properties in India and abroad, bank accounts, investments, luxury vehicles and others.
ED in a tweet said, "ED attaches under PMLA a building at Cumbala Hill, 3 duplex at Napean Sea Road, flat at Nariman Point,8 flats in Worli, in Mumbai & property in Amrita Shergill Marg, New Delhi totalling to Rs.792 crore( having value Rs.1400 crore) of Rana Kapoor and oth in #yesbankfraud case."
ED attaches under PMLA a building at Cumbala Hill, 3 duplex at Napean Sea Road, flat at Nariman Point,8 flats in Worli, in Mumbai & property in Amrita Shergill Marg, New Delhi totaling to Rs.792 crore( having value Rs.1400 crore) of Rana Kapoor and oth in #yesbankfraud case
— ED (@dir_ed) July 9, 2020
Earlier, the ED had attached bank deposits to the tune of Rs 115 crore of various companies of Rana Kapoor and seized jewellery worth around Rs 23 crore and seven high-end luxury cars belonging to the Wadhawan family.
They were also arrested by ED for their role in money laundering and presently all of them are in judicial custody.
The ED had initiated investigations against them under Prevention of Money Laundering Act on the basis of FIR registered by CBI in which it was alleged that during April to June 2018, Yes Bank Limited had invested Rs 3,700 crore in the short term debentures of M/s DHFL, a company belonging to Wadhawan, for which kickback of Rs 600 crore was paid to Rana Kapoor and his family members in the garb of loan.
In another tweet, ED said, "ED attaches under PMLA, 12 flats in Khar, Mumbai, flat in New York, 2 flats in London, property in Australia, 2 land Parcels in Pune and Mulshi, 5 Luxury Vehicles and 344 bank accounts totalling to Rs. 1411.9 crore of Kapil Wadhawan, Dheeraj Wadhawan & oth in #yesbankfraud case."
https://twitter.com/dir_ed/status/1281212102091264000
In addition, Yes Bank had also sanctioned a loan of Rs 750 Crore to one of the RKW Developers Group company beneficially owned by Kapil Wadhawan, Dheeraj Wadhawan and their family members for their Bandra Reclamation Project in Mumbai but the whole amount was siphoned off by Kapil Wadhawan and Dheeraj Wadhawan through their shell companies and was never used for the declared purpose.
The FIR also alleges that Rana Kapoor, then MD and CEO of Yes Bank Limited, obtained illegal gratification in the form of a property in a prime location in New Delhi at much less than the realizable market value, belonging to Avantha Reality Ltd for sanction of a loan to the company.
© 2024 Hyderabad Media House Limited/The Hans India. All rights reserved. Powered by hocalwire.com