Mumbai: New revelations are being made about Yes Bank founder Rana Kapoor. The Enforcement Directorate (ED) alleges that Kapoor took a bribe of Rs 600 crore from companies in exchange for loans. On Sunday, a Mumbai court sent him to ED custody for 3 days. Rana Kapoor was questioned for about 30 hours in connection with the money laundering case. According to a news agency, the former managing director and CEO of the bank and members of his family had allegedly formed more than 20 fake companies to take bribes.
A senior ED official quoted the news agency as saying, “Kapoor and his wife Bindu and their family members including three daughters had allegedly formed more than 20 fake companies for taking bribes”. He said that the money taken in the bribe was used to invest in the property. It is being said that bribes were taken from those corporate companies who were given loans from the bank through fake companies.
The CBI has filed an FIR against Yes Bank co-founders Rana Kapoor, Dewan Housing (DHFL) and DOIT Urban Ventures Company on charges of criminal conspiracy, fraud and corruption.