Special court lets Enforcement Directorate quiz Rana Kapoor

A special court has permitted Enforcement Directorate (ED) to question banker Rana Kapoor who was arrested in a money laundering case.

The case pertains to a loan taken by Oyster Buildwell, a holding company of Avantha Realty, from Yes Bank, and its alleged misappropriation between 2017 and 2019.

The ED had registered a money laundering case based on the predicate offence registered by the Central Bureau of Investigation (CBI) against Kapoor, his wife Bindu Kapoor, and Avantha Group promoter Gautam Thapar for “illegal gratification in lieu of favours extended in connection with official work”.


While the court on August 20 had allowed the federal agency’s plea to interrogate Kapoor between August 25 and 27at the Taloja Central Prison, the promoter of YBL on Monday filed an application to recall the order on the ground of not being heard.