Money Laundering Scam: ED Arrests Yes Bank Founder Rana Kapoor

After being questioned for hours, the ED arrested Yes Bank founder Rana Kapoor under money laundering case related to DHFL.
Rana Kapoor was arrested around 3 am on Sunday under the provision of the Prevention of Money Laundering Act (PMLA).
According to the sources, Kapoor was allegedly not cooperating in the probe.
Today, he will be produced before a local court during the day.
On Friday, the ED had raided Kapoor’s residence and carried out searches a day after the RBI put Yes Bank under a moratorium and capped withdrawals for its depositors at Rs 50,000 till April 3.

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