A special court here on Saturday\u00a0took cogniznace of the charge sheet filed by the Enforcement Directorate (ED) in the Yes Bank scam and issued summons to the bank’s co-founder Rana Kapoor and seven other accused.<\/p>\n
The charge sheet, filed earlier this month, named as accused Rana kapoor, his wife, daughters and three firms associated with them among others.<\/p>\n
After taking cognizance of the offence, the special court for Prevention of Money Laundering Act issued process (summons) against the eight accused, ED lawyer Hiten Venegaokar said.<\/p>\n
The accused have been asked to appear before the court on June 5, he added.<\/p>\n
The ED has already arrested Kapoor who is now in judicial custody.<\/p>\n
The agency has pegged the proceeds of the crime in the case at Rs 5,050 crore.<\/p>\n
It is primarily investigating Kapoor, his wife and three daughters over Rs 600 crore received by a firm allegedly controlled by them from an entity linked to the scam-hit Dewan Housing Finance Limited (DHFL).<\/p>\n
Kapoor, his family members and others got benefits of Rs 4,300 crore through companies controlled by them as kickbacks for sanctioning huge loans, the ED has alleged.<\/p>\n
He is also accused of receiving bribes for going easy on loans given to a few big corporate groups that had turned into non-performing assets (NPAs).<\/p>\n
The Central Bureau of Investigation (CBI) is also probing a related case.<\/p>\n","protected":false},"excerpt":{"rendered":"
A special court here on Saturday\u00a0took cogniznace of the charge sheet filed by the Enforcement Directorate (ED) in the Yes Bank scam and issued summons to the bank’s co-founder Rana Kapoor and seven other accused. The charge sheet, filed earlier this month, named as accused Rana kapoor, his wife, daughters and three firms associated with […]<\/p>\n","protected":false},"author":1,"featured_media":59042,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[47024,3348,2514,15045,47023,47025,46709],"class_list":["post-59702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-dhfl","tag-ed","tag-enforcement-directorate","tag-rana-kapoor","tag-scam-hit-dewan-housing-finance-limited","tag-yes-bank-co-founder-rana-kapoor","tag-yes-bank-scam"],"yoast_head":"\n