Stating that the case has ‘rocked the entire banking system’, the Supreme Court on Friday rejected the bail plea of YES Bank’s founder Rana Kapoor on Friday.
Mumbai: In its chargesheet filed before a local Mumbai court, the Enforcement Directorate (ED) said that former Yes Bank Chairman Rana Kapoor paid Rs 2 crore for an M.F. Husain painting and the money was later utilised for the treatment of Congress interim president Sonia Gandhi Sonia Gandhi in New York. Kapoor was was forced […]
In the latest case, Kapoor allegedly conspired to sanction the Rs 200 crore loan to Mack Star that was diverted to HDIL which used it to repay its outstanding with Yes Bank.