Wednesday, 16 February 2022

Yes Bank founder granted bail in Rs 300 crore fraud case

A special Prevention of Money Laundering Act (PMLA) Court on Wednesday granted bail to Yes Bank founder Rana Kapoor in connection to a fraud case worth over Rs 300 crore. Apart from Kapoor, businessman Gautam Thapar and seven others were also granted bail. However, the former MD and CEO of Yes Bank will continue to be lodged in jail in relation to other cases. Gautam Thapar will also remain in jail.

from Times of India https://timesofindia.indiatimes.com/business/india-business/yes-bank-founder-rana-kapoor-granted-bail-in-rs-300-crore-fraud-case/articleshow/89618485.cms
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