NEW DELHI: Investments worth over Rs 2,000 crore, 44 expensive paintings and a dozen alleged shell firms are at the heart of ED’s investigations against Yes Bank founder Rana Kapoor who was arrested by the agency on Sunday on money laundering charges, officials said.
The agency, official sources said, has also recovered documents that show some assets of the Kapoor family in London and the source of funds for their acquisition is now being investigated.
A special holiday court in Mumbai sent Kapoor to ED custody till March 11.
The central probe agency that began action against the banker by raiding his upscale residence i
Dozen shell firms, 44 costly paintings and Rs 2,000 crore investments of Rana Kapoor under ED scanner
Byindianadmin
Mar 8, 2020