Sure Financial institution case: Rana Kapoor was arrested in March and is in judicial custody (File picture)
New Delhi:
Sure Financial institution founder Rana Kapoor and his household’s belongings price over Rs 2,200 crore, together with properties in London, New York and Mumbai, have been connected by the Enforcement Directorate at present below the anti-money laundering legislation.
The properties embody farmland and resorts in Delhi, Mumbai and Goa and a properties in Central London and New York. Rs 50 crore in mounted deposit has additionally been connected by the company.
That is the primary set of attachments by the company within the case.
The company has accused Rana Kapoor, his relations and others of utilizing Yes Bank to increase massive loans in change for “kickbacks” that the financial institution later become non-performing belongings (NPA).
Each Enforcement Directorate and the Central Bureau of Investigation (CBI) have already filed chargesheets in Could and June respectively towards Rana Kapoor and his household.
The CBI had filed a chargesheet towards Rana Kapoor, his spouse Bindu and daughter Roshini amongst others final month in reference to an alleged Rs 600 crore bribe acquired from scam-tainted DHFL promoter Kapil Wadhawan.
Officers additionally stated properties of DHFL promoter brothers Kapil and Dheeraj Wadhawan price Rs 1,400 crore have additionally been connected as a part of a provisional order issued by it below the Prevention of Cash Laundering Act (PMLA). This consists of 12 flats, land in Pune, properties in London, Australia and New York.
Rana Kapoor, 62, his spouse and three daughters are amongst 13 accused named by the CBI in a spiralling investigation into bribery and money-laundering linked to Sure Financial institution, India’s fourth largest personal lender. A number of raids had been performed in places linked to the household and Rana Kapoor was arrested in March. He’s at the moment in judicial custody.
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