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.