InvestorQ : Is it true that the ED has attached the assets of the Yes Bank founder, Rana Kapoor?
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Is it true that the ED has attached the assets of the Yes Bank founder, Rana Kapoor?

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vidhya Laxmi answered.
3 months ago
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ED or the Enforcement Directorate has attached assets worth Rs.2800 crore in the Yes Bank money laundering case. Most of these assets belong to Rana Kapoor, the co-founder of Yes Bank. ED has already attached Rana Kapoor’s Delhi bungalow at Amrita Shergil Marg as well as his apartments at Worli and Indiabulls Towers in Mumbai.

ED has alleged that Rana Kapoor laundered large sums of money from the bank in conjunction with the promoters of DHFL. Rana owns 3 duplex flats in Napean Sea Road as well as one flat at NCPA, apart from 8 flats at Indiabulls Blu. Kapoor also has 2 properties in London, apart from his India properties, all bought with kickbacks on these dud loans.

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