The ED has attached a ₹127-crore flat of Yes Bank co-promoter Rana Kapoor in London in connection with a money laundering investigation against him and others.
The ED in a statement said, the property was purchased by Kapoor in 2017 for ₹93 crore in the name of DOIT Creations Jersey Limited and he is the beneficial owner. The probe agency added that it obtained information from a reliable source that Kapoor was trying to sell the property and it has been listed for sale on several websites.
The ED had booked Kapoor, his family members and others under the PMLA after studying a CBI FIR that alleged that dubious multi-crore loans were given by Yes Bank to various entities in contravention of the law and in lieu of purported kickbacks given to the Kapoor family.