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Rana Kapoor Arrested for Money Laundering by raj.anand.iitkgp is a document available to read on EtoBox.
Yes Bank founder Rana Kapoor has been arrested by the Enforcement Directorate under the Prevention of Money Laundering Act and other charges related to cheating and corruption. He is accused of granting large loans to Dewan Housing Finance Limited in exchange for kickbacks amounting to ₹600 crore. The Enforcement Directorate is responsible for enforcing fiscal laws, including the PMLA, and has the authority to investigate and prosecute money laundering offenses.
- Author
- raj.anand.iitkgp
- Language
- EN