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Rana Kapoor

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India: Yes Bank Founder Arrested in Money Laundering Case
March 8th, 2020 - 07:11 GMT

India: Yes Bank Founder Arrested in Money Laundering Case

After two days of grilling, Yes Bank founder Rana Kapoor, one of India's most high profile bankers, was arrested by the Enforcement Directorate (ED) on Sunday, March 8 in a money laundering case. A senior ED official told IANS: "Yes, we have arrested Kapoor in a money laundering case." Kapoor has been booked under the Prevention of Money Laundering Act (PMLA) and other offences days after the Yes Bank crisis ...
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