Court orders police custody for former YES Bank promoter Rana Kapoor till March 11

Kapoor was arrested in the wee hours on Sunday after being questioned for almost 20 hours by the Enforcement Directorate officals. Kapoor was booked under the provisions of the Prevention of Money Laundering Act (PMLA). According to reports, the ED is investigating Kapoor and his family.Court orders police custody for Rana Kapoor till March 11.

from Banking/Finance-Industry-Economic Times https://ift.tt/39zoOYi