YES Bank founder Rana Kapoor arrested by ED in another money laundering case
The Bombay High Court had on Monday refused to grant bail to Kapoor.
BusinessToday.In | January 27, 2021 | Updated 21:32 IST
Kapoor, who was arrested in March last year by the ED in a money laundering case, is already in judicial custody.
The Enforcement Directorate (ED) on Wednesday arrested YES Bank founder Rana Kapoor in another money laundering case related to Mackstar Group and PMC Bank. Kapoor is the third person to be arrested in the case.
On January 23, the ED had arrested Mehul Thakur and Madangopal Chaturvedi in connection with the case. A day earlier, it had conducted raids at 10 premises, including residence of former underworld don Bhai Thakur and offices of Viva Group, controlled by the Thakur family.
Updated Jan 23, 2021 | 07:39 IST
ED made two high-profile arrests after conducting raids at five locations belonging to office premises of MLA Hirendra Thakur and his company Viva Group PMC Bank case: ED raids premises of MLA Hitendra Thakur’s office, Viva Group | Photo Credit: PTI
Mumbai: The Enforcement Directorate (ED) officials, on Friday, arrested two people in connection with the Punjab and Maharashtra Cooperative (PMC) Bank scam case.
Madan Gopal Chaturvedi, director of Vasai-Virar-based Viva Group and MD Mehul Thakur were taken into custody after conducted raids were conducted at five places including offices of Bahujan Vikas Aghadi MLA Hirendra Thakur and Viva Group, which is controlled by Thakur s family, for illegal diversion of bank funds .
ED arrests 2 after raids against Maharashtra MLA in PMC Bank fraud case
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Last Updated: Jan 23, 2021, 11:43 AM IST
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Synopsis
On Friday, the agency searched five residential and business premises linked to the Viva Group, promoted by Bahujan Vikas Agadhi (BVA) party chief and MLA Hitendra Thakur, its associates and two of its financial consultants in the Vasai-Virar area of Maharashtra s Palghar district and Andheri, Juhu and Chembur suburbs of Mumbai, the sources said.
Rs 73 lakh cash, incriminating digital and documentary evidences were recovered during the operation.
MUMBAI: The Enforcement Directorate has arrested two people following
raids on the premises of a firm promoted by a
PMC Bank fraud: Enforcement Directorate arrests two after raids against Maharashtra MLA
Mehul Thakur, managing director of the Viva Group, and Gopal Chaturvedi, a chartered accountant, were arrested under sections of the Prevention of Money Laundering Act after the raids.
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MUMBAI: The Enforcement Directorate has arrested two people following raids on the premises of a firm promoted by a Maharashtra MLA for alleged illegal diversion of bank funds in the Rs 4,300-crore PMC Bank fraud and money laundering case, official sources said on Saturday.
On Friday, the agency searched five residential and business premises linked to the Viva Group, promoted by Bahujan Vikas Agadhi (BVA) party chief and MLA Hitendra Thakur, its associates and two of its financial consultants in the Vasai-Virar area of Maharashtra s Palghar district and Andheri, Juhu and Chembur suburbs of Mumbai, the sources said.
The Enforcement Directorate has arrested two people following raids on the premises of a firm promoted by a Maharashtra MLA for alleged illegal diversion of bank funds in the Rs 4,300-crore PMC Bank fraud and money laundering case, official sources said on Saturday. On Friday, the agency searched five residential and business premises linked to the Viva Group, promoted by Bahujan Vikas Agadhi (BVA) party chief and MLA Hitendra Thakur, its associates and two of its financial consultants in the Vasai-Virar area of Maharashtra s Palghar district and Andheri, Juhu and Chembur suburbs of Mumbai, the sources said. Mehul Thakur, managing director of the Viva Group, and Gopal Chaturvedi, a chartered accountant, were arrested under sections of the Prevention of Money Laundering Act (PMLA) after the raids.