Ad

Tag: Rana kapoor

ED Stops YES BANK Founder’s Daughter Roshni at AirPort

(Mumbai) ED Stops YES BANK Founder’s Daughter at AirPort
The Enforcement Directorate on Sunday stopped Yes Bank founder Rana Kapoor’s daughter from taking a flight to London as she is required to join the probe in a money laundering case against her father
Roshni Kapoor was asked to join the investigation in the case by the ED after she was intercepted by immigration authorities
Her father Rana Kapoor was arrested by the agency on Sunday under the Prevention of Money Laundering Act (PMLA) following which a local court sent him to ED custody till March 11.

BJP Says You,Congress Says No it’s You:Yes Bank

New Delhi)
BJP Says You,Congress Says No it’s You:Yes Bank
A war of words broke out between the BJP and Congress on Sunday over the Yes Bank crisis with the ruling party seeking to link it with the Gandhi family, while the opposition wondered if the prime minister and finance minister were “complicit” as the bank’s loan book grew manifold.
Posting on Twitter a clip of a news channel report that Rana Kapoor, the arrested Yes Bank founder, had bought a painting from Congress leader Priyanka Gandhi Vadra, BJP’s information and technology wing in-charge Amit Malviya alleged that every financial crime in India has “deep links” with the Gandhis.
The Congress termed the charge “fake”.
It said Priyanka Gandhi Vadra had sold an M F Hussain painting of her father Rajiv Gandhi to Kapoor for Rs 2 crore, and the entire amount was disclosed in her income tax return of 2010.
Malviya tweeted, “Every financial crime in India has deep link with the Gandhis. Mallya used to send flight upgrade tickets to Sonia Gandhi. Had access to MMS (Manmohan Singh) and PC (P Chidambaram). Is absconding. Rahul inaugurated Nirav Modi’s bridal jewellery collection, he defaulted. Rana bought Priyanka Vadra’s paintings.”
Rubbishing the allegation, Congress spokesperson Abhishek Manu Singhvi said it was a “diversionary” tactic by the government.
He noted that the bank’s loan book rose from Rs 55,633 crore in March 2014, the year Narendra Modi became prime minister, to Rs 2,41,499 crore in March 2019.
Kapoor, 62, was arrested by the Enforcement Directorate in Mumbai after charges of alleged financial irregularities and mismanagement in the bank’s operations surfaced and the RBI and Union government initiated action to control its affairs.