TIL Desk/Business/Mumbai/ The CBI on Thursday filed a charge sheet against Yes Bank founder Rana Kapoor, DHFL co-founders Kapil and Dheeraj Wadhawan and others in a quid-pro-quo case involving the private sector lender. It is alleged that Kapoor’s family received kickbacks for Yes Bank’s investment in DHFL’s debentures.
The charge sheet, filed before a special court, also named Rana Kapoor’s daughter Roshni, Diwan Housing Finance Limited (DHFL), RKW Developers and DoIT Urban Ventures (India). The Central probe agency had registered a case against Kapoor and others under IPC section 120(B) (criminal conspiracy) and the Prevention of Corruption Act for allegedly defrauding Yes Bank.
The Central Bureau of Investigation arrested Kapil and Dheeraj Wadhawan in April this year, and they are now in judicial custody. Rana Kapoor is also in judicial custody after being arrested by the Enforcement Directorate in a related case. According to the CBI, Kapoor entered into a criminal conspiracy with Kapil Wadhawan for extending financial assistance to DHFL through Yes Bank.
