The Enforcement Directorate (ED) has filed a chargesheet against Yes Bank founder Rana Kapoor, his wife Bindu Kapoor, and Avantha group promoter Gautam Thapar at a Prevention of Money Laundering Act (PMLA) court in Mumbai in connection with the money laundering case. According to the ED, the 1300-page chargesheet names 10 people as accused […]
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Rana Kapoor used YES Bank for illegal activities, says ED
Former YES Bank managing director and chief executive officer Rana Kapoor used the lender as his “personal fiefdom” to carry out illegal activities and was the architect of a financial fraud aimed at creating wealth for himself and his family, the Enforcement Directorate (ED) claimed in a charge sheet filed […]