Yes Bank founder Rana Kapoor arrested by ED in HDIL group case

The Enforcement Directorate (ED) has arrested Yes Bank’s former Chairman Rana Kapoor in an alleged money-laundering case pertaining to the probe in a HDIL group company, official sources said on Wednesday. Currently in jail in the DHFL case, Kapoor – who has been sent to ED custody till January 30 – had allegedly sanctioned a Rs 200 crore loan to Mack Star Marketing Pvt Ltd, a group company of the HDIL promoters Rakesh Wadhawan and Sarang Wadhawan.

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