Rana Kapoor was granted bail in the money laundering case, yes banks

Rana Kapoor was released on Friday after the Enforcement Directorate took cognizance of a Chargesheet (Prosecution Complaint) brought against Avantha group promoter Gautam Thapar . The charges were brought against Avantha group promoter Gautam Thapar in connection with a Rs 466.51 crore money laundering lawsuit .

New Delhi: Former Managing Director and CEO of YES Bank Rana Kapoor was released on Friday after the Enforcement Directorate (ED) took cognizance of a Chargesheet (Prosecution Complaint) brought against Avantha group promoter Gautam Thapar in connection with a Rs 466.51 crore money laundering lawsuit in October last year, alleging criminal misappropriation of public funds from the 2017 to 2019 period.

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