Yes Bank founder's daughter Roshini Kapoor stopped from boarding London flight

A- A A+

Last Updated : Jun 2 2020 10:15PM Screen Reader Access

News Highlights

PM Modi reiterates govt’s commitment to save lives and also to stabilize economy COVID-19 recovery rate improves to over 48 per cent France assures timely delivery of Rafale aircraft to India NDRF teams deployed in Gujarat, Maharashtra in view of Cyclone Nisarga; PM assures all possible support Nitin Gadkari announces development of new Greenfield expressway to Amritsar

National News

Mar 09, 2020

9:10AM

Yes Bank founder's daughter Roshini Kapoor stopped from boarding London flight

Screen Grab

In Mumbai, Roshni Kapoor, daughter of Yes Bank founder Rana Kapoor, was stopped at the airport last evening before boarding a flight to London amid a corruption investigation into the massive crisis that has hit India's fifth largest private lender.

The action came following a lookout notice issued against her and other family members of Rana Kapoor who was sent to the Enforcement Directorate's (ED) custody till March 11 by a Mumbai court yesterday.

The agency which investigates financial crimes arrested Rana Kapoor on charges of money laundering earlier in the day after hours of interrogation and searches at his and his daughters' residences in Delhi and Mumbai.

In the court, the Enforcement Directorate lawyer alleged that Yes Bank had bought debentures worth 3,700 crore rupees of Dewan Housing and Finance Ltd, which had granted a 600-crore rupee loan to a company called Doit, owned by Rana Kapoor's three daughters Roshni Kapoor, Rakhee Kapoor Tandon and Radha Kapoor.