Yes Bank fraud case: Chargesheet filed by CBI against Rana Kapoor, Gautam Thapar

A chargesheet has been filed by the Central Bureau of Investigation (CBI) against Rana Kapoor and Gautam Thapar in the Yes Bank fraud case.

Kapoor is former Chief Executive and Managing Director of Yes Bank and Thapar is the promoter of Avantha Group.

An FIR had been registered in the Rs 466.51 crore case in June 2021. Kapoor was not named in the FIR, but his role surfaced during subsequent investigations, official have revealed.


In its charge sheet filed before the special CBI court in Mumbai, the probe agency has also named Thapar in the scam.

CBI said that the FIR was registered against Thapar, directors of Oyster Buildwell Pvt Ltd (OBPL) — Raghubir Kumar Sharma, Rajendra Kumar Mangal and Tapsi Mahajan —, unidentified executives of Avantha Realty Pvt Ltd and Jhabua Power Ltd, on a complaint from Yes Bank CVO Ashish Vinod Joshi.

Apart from this alleged fraud case, Kapoor is also a co-accused along with Thapar in another case related to alleged diversion of public money in Yes Bank in exchange for a high-end property at an upscale neighbourhood in the national capital.