Wadhawan brothers granted bail in Yes Bank fraud case

The court directed the duo to deposit Rs one lakh each as surety and surrender their passports

Yes Bank case: PMLA court refuses bail to Rana Kapoor

Kapoor had sought bail on the ground that the investigation in the case was completed as chargesheet has been filed

The assets include immovable properties in India and abroad, bank accounts, investments, luxury vehicles, among others

An ED official said that the agency has issued a provisional order, under the PMLA for attachment of properties

Cox and Kings was one of the top borrowers of the bank and the latter had an exposure of about Rs 2,260 crore to the company

As the CBI custody of the Wadhawan brothers ended on Sunday, they were presented before the court, which sent them to judicial custody

Kapoor was arrested by the ED on March 8 under the Prevention of Money Laundering Act (PMLA)

CBI sought their further custody on the ground that they want to investigate the deeper conspiracy between Rana Kapoor and the Wadhawans

Of particular interest to agency are plush properties linked to the Yes Bank co-founder in Delhi, UK

What MF Hussain was to the world of painting, the Congress is to the corruption. If corruption is an art, the Congress is its artist