Viva Group money-laundering probe: Enforcement Directorate takes Rana Kapoor into custody
YES Bank co-founder remanded to custody until January 30. ED to grill him on loans given to HDIL for renovation of a newly constructed building in a Mumbai suburb
Rana Kapoor
The Enforcement Directorate (ED) took Rana Kapoor, co-founder of YES Bank, into custody on Wednesday in connection with a money laundering investigation into Maharashtra MLA Hitendra Thakur s Viva Group.
Kapoor had been arrested in the Yes Bank fraud case on March 8 and was in judicial custody.
On Wednesday, the special PMLA court remanded Kapoor to ED custody until January 30. The Directorate has been waiting to grill Kapoor about a YES Bank loan to real estate developer HDIL, embroiled in the PMC Bank scam, for renovation of a newly constructed building in Andheri, a Mumbai suburb.