After Arrest, Rana Kapoor Remanded To ED Custody Until March 11

Arrested Yes Bank promoter Rana Kapoor was produced before a special court on Sunday in a money laundering case related to DHFL.
He is remanded to ED custody until March 11.
Rana was arrested early on Sunday morning by the ED after 30 hours of questioning.
The ED is investigating whether Doit Urban Ventures, a dummy company controlled by Rana and two of his daughters, received Rs 600 crore as kickbacks from the scam-hit DHFL.
The ED suspects that this amount of Rs 4,450 cr is part of the Rs 13,000 cr allegedly siphoned off by DHFL through 79 dummy companies, with Doit Urban Ventures being one of them.