Yes Bank founder Rana Kapoor sent to judicial custody till April 2

By ANI | Published: March 20, 2020 03:04 PM2020-03-20T15:04:16+5:302020-03-20T15:15:02+5:30

A special court of Enforcement Directorate (ED) on Friday sent Yes Bank founder Rana Kapoor to judicial custody till April 2.

Yes Bank founder Rana Kapoor sent to judicial custody till April 2 | Yes Bank founder Rana Kapoor sent to judicial custody till April 2

Yes Bank founder Rana Kapoor sent to judicial custody till April 2

Mumbai (Maharashtra) [India], Mar 20 : A special court of Enforcement Directorate (ED) on Friday sent Yes Bank founder Rana Kapoor to judicial custody till April 2.

This comes just days after a special court on March 16 extended the ED custody of Kapoor up to March 20.

Kapoor was produced before the special court at the end of his five-day custody. The Yes bank founder was arrested by the investigative agency on March 7.

Kapoor was handed over to the ED till March 11 by a Mumbai court.

While making a request for five-day custody of Kapoor, the ED made a "verbal submission" to the court detailing the alleged financial irregularities of Yes Bank and DHFL.

Last week, the RBI suspended the board of directors at India's fourth-largest private bank.

( With inputs from ANI )

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