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The Congress and the BJP engaged in a war of words on Sunday over Yes Bank co-founder Rana Kapoor's allegation that he was "forced" to buy an M F Husain painting from party leader Priyanka Gandhi Vadra, with the Opposition party calling it "political vendetta" and the ruling party accusing the Gandhi family of being "extortionists".
Kapoor has told the Enforcement Directorate that he was "forced" to buy the M F Husain painting from Priyanka Gandhi and the sale proceeds were utilised by the Gandhi family for the medical treatment of Congress president Sonia Gandhi in New York, according to the charge sheet filed by the federal anti-money laundering agency in a special court in Mumbai.
He told the Enforcement Directorate (ED) that he was told by the then petroleum minister Murli Deora that the refusal to buy the painting will not only prevent him from building a relationship with the Gandhi family but also prevent him from getting the 'Padma Bhushan' award.
Kapoor also told the agency that Ahmed Patel, a close confidante of Sonia Gandhi, had told him that by supporting the Gandhi family at an opportune time for medical treatment of Sonia Gandhi, "I (Kapoor) had performed a good deed for the family and it would be duly considered for the 'Padma Bhushan' award".
Asked about the allegations at a press conference, Congress spokesperson Abhishek Manu Singhvi said, "This is absolutely astonishing. I don't want to use a strong word, it is absolutely disgusting that a 2010 transaction, a person who is behind bars for years, whose 20-30 bail applications have been rejected, who is called a crook and a fraudster, makes allegations about dead people and the government is jumping with joy only because it suits their political angle." The government wants to keep the pot boiling for 2022, for a transaction in 2010, when neither Murli Deora is here to deny it nor Ahmed Patel is here to deny, Singhvi said.
"What is the objective of this, is it the result of your (government) pressure tactics and coercion on a person behind bars eager to get his freedom to record statements against political opponents and to keep a 12-year-old thing boiling just for convenience of politics," the Rajya Sabha MP said, hitting out at the government.
The BJP alleged that the Congress and the Gandhis are "extortionists" and were also selling the Padma Bhushan.
Referring to the Congress election symbol of 'hand', BJP spokesperson Gaurav Bhatia said, "The Congress hand is with corruption...while common people were suffering, the Congress and the Gandhi family were enjoying.
Addressing a press conference at the BJP headquarters here, Bhatia said that "...when the Congress was in power, members of the Gandhi family used to put pressure on party leaders to ensure the painting is bought".
"Priyanka Gandhi put pressure to ensure that the painting worth Rs 2 crore is bought by Kapoor," he said.
BJP's IT Cell head Amit Malviya said it is quite clear from Kapoor's confession to the ED that the "Gandhis and Congress are not just extortionist but were also selling the country's highest civilian honour to the highest bidder or durbaris, who did their bidding. It was an instrument to buy loyalty or silence".
Bhatia claimed that Kapoor did not want to give Rs 2 crore for the painting, but the ministers of the Congress government put pressure on him that if he does not buy the painting from Priyanka Gandhi, then the Gandhi family will wreak havoc on him.

WATCH| War of words between BJP and Congress over allegations by Yes Bank's Rana Kapoor

The Congress and the BJP engaged in a war of words on Sunday over Yes Bank co-founder Rana Kapoor's allegation that he was "forced" to buy an MF Husain painting from party leader Priyanka Gandhi Vadra

The Congress and the BJP engaged in a war of words on Sunday over Yes Bank co-founder Rana Kapoor's allegation that he was "forced" to buy an M F Husain painting from party leader Priyanka Gandhi Vadra, with the Opposition party calling it "political vendetta" and the ruling party accusing the Gandhi family of being "extortionists".
Bite Singhvi
Bite: Gaurav&nbsp;Bhatia:&nbsp;The Congress hand is with corruption...while common people were suffering, the Congress and the Gandhi family were enjoying.

Kapoor has told the Enforcement Directorate that he was "forced" to buy the M F Husain painting from Priyanka Gandhi and the sale proceeds were utilised for the medical treatment of Congress president Sonia Gandhi

The Congress and the BJP engaged in a war of words on Sunday over Yes Bank co-founder Rana Kapoor's allegation that he was "forced" to buy an M F Husain painting from party leader Priyanka Gandhi Vadra, with the Opposition party calling it "political vendetta" and the ruling party accusing the Gandhi family of being "extortionists".
Kapoor has told the Enforcement Directorate that he was "forced" to buy the M F Husain painting from Priyanka Gandhi and the sale proceeds were utilised by the Gandhi family for the medical treatment of Congress president Sonia Gandhi in New York, according to the charge sheet filed by the federal anti-money laundering agency in a special court in Mumbai.
He told the Enforcement Directorate (ED) that he was told by the then petroleum minister Murli Deora that the refusal to buy the painting will not only prevent him from building a relationship with the Gandhi family but also prevent him from getting the 'Padma Bhushan' award.
Kapoor also told the agency that Ahmed Patel, a close confidante of Sonia Gandhi, had told him that by supporting the Gandhi family at an opportune time for medical treatment of Sonia Gandhi, "I (Kapoor) had performed a good deed for the family and it would be duly considered for the 'Padma Bhushan' award".
Also watch:&nbsp;<a href="https://www.editorji.com/business-news/priyanka-gandhi-forced-me-to-buy-mf-hussain-painting-claims-rana-kapoor-1650775274281">Priyanka Gandhi forced me to buy MF Hussain painting, claims Rana Kapoor</a>
Asked about the allegations at a press conference, Congress spokesperson Abhishek Manu Singhvi said, "This is absolutely astonishing. I don't want to use a strong word, it is absolutely disgusting that a 2010 transaction, a person who is behind bars for years, whose 20-30 bail applications have been rejected, who is called a crook and a fraudster, makes allegations about dead people and the government is jumping with joy only because it suits their political angle." The government wants to keep the pot boiling for 2022, for a transaction in 2010, when neither Murli Deora is here to deny it nor Ahmed Patel is here to deny, Singhvi said.
"What is the objective of this, is it the result of your (government) pressure tactics and coercion on a person behind bars eager to get his freedom to record statements against political opponents and to keep a 12-year-old thing boiling just for convenience of politics," the Rajya Sabha MP said, hitting out at the government.
The BJP alleged that the Congress and the Gandhis are "extortionists" and were also selling the Padma Bhushan.
Referring to the Congress election symbol of 'hand', BJP spokesperson Gaurav Bhatia said, "The Congress hand is with corruption...while common people were suffering, the Congress and the Gandhi family were enjoying.
Addressing a press conference at the BJP headquarters here, Bhatia said that "...when the Congress was in power, members of the Gandhi family used to put pressure on party leaders to ensure the painting is bought".
"Priyanka Gandhi put pressure to ensure that the painting worth Rs 2 crore is bought by Kapoor," he said.
BJP's IT Cell head Amit Malviya said it is quite clear from Kapoor's confession to the ED that the "Gandhis and Congress are not just extortionist but were also selling the country's highest civilian honour to the highest bidder or durbaris, who did their bidding. It was an instrument to buy loyalty or silence".
Bhatia claimed that Kapoor did not want to give Rs 2 crore for the painting, but the ministers of the Congress government put pressure on him that if he does not buy the painting from Priyanka Gandhi, then the Gandhi family will wreak havoc on him.

The Enforcement Directorate has been allowed by a special court to question Yes Bank's founder Rana&nbsp;Kapoor&nbsp;in a money&nbsp;laundering case.
The ED will record former Yes Bank chief Rana Kapoor's statement inside Taloja Jail between August 25 and August 28 in connection with the Avantha Group of Companies case.
While the court had allowed ED to probe Kapoor&nbsp;on August 20, the Yes Bank promoter later&nbsp;filed an application to recall the order on the ground of not being heard.&nbsp;Kapoor also pleaded that he should be interrogated only under audio-visual surveillance and in the presence of his legal representatives.
The court has however allowed Rana&nbsp;Kapoor's&nbsp;lawyers to be presented at the time of recording his statements.
Kapoor is currently in judicial custody after being arrested in March 2020 in the alleged Yes Bank fraud case. The ED is probing an alleged transaction between the Avantha Group of Companies' promoter Gautam Thapar and Rana Kapoor and his wife.
The case pertains to a loan taken by Oyster Buildwell Pvt Ltd., a holding company of Avantha Realty Ltd., from&nbsp;Yes Bank, and its alleged misappropriation between 2017 and 2019.

Yes Bank money laundering case: ED to probe founder Rana Kapoor

The Enforcement Directorate has been allowed by a special court to question Yes Bank's founder Rana&nbsp;Kapoor&nbsp;in a money&nbsp;laundering case.

The Enforcement Directorate has been allowed by a special court to question Yes Bank's founder Rana&nbsp;Kapoor&nbsp;in a money&nbsp;laundering case.
The ED will record former Yes Bank chief Rana Kapoor's statement inside Taloja Jail between August 25 and August 28 in connection with the Avantha Group of Companies case.
While the court had allowed ED to probe Kapoor&nbsp;on August 20, the Yes Bank promoter later&nbsp;filed an application to recall the order on the ground of not being heard.&nbsp;Kapoor also pleaded that he should be interrogated only under audio-visual surveillance and in the presence of his legal representatives.
The court has however allowed Rana&nbsp;Kapoor's&nbsp;lawyers to be present at the time of recording his statements.

Kapoor is in judicial custody after being arrested in March 2020 in the alleged Yes Bank fraud case.

The Enforcement Directorate has been allowed by a special court to question Yes Bank's founder Rana&nbsp;Kapoor&nbsp;in a money&nbsp;laundering case.
The ED will record former Yes Bank chief Rana Kapoor's statement inside Taloja Jail between August 25 and August 28 in connection with the Avantha Group of Companies case.
While the court had allowed ED to probe Kapoor&nbsp;on August 20, the Yes Bank promoter later&nbsp;filed an application to recall the order on the ground of not being heard.&nbsp;Kapoor also pleaded that he should be interrogated only under audio-visual surveillance and in the presence of his legal representatives.
The court has however allowed Rana&nbsp;Kapoor's&nbsp;lawyers to be present at the time of recording his statements.
Kapoor is currently in judicial custody after being arrested in March 2020 in the alleged Yes Bank fraud case. The ED is probing an alleged transaction between the Avantha Group of Companies' promoter Gautam Thapar and Rana Kapoor and his wife.
The case pertains to a loan taken by Oyster Buildwell Pvt Ltd., a holding company of Avantha Realty Ltd., from&nbsp;Yes Bank, and its alleged misappropriation between 2017 and 2019.

Market regulator SEBI&nbsp;has&nbsp;ordered the&nbsp;attachment of bank accounts, share &amp; mutual fund holdings of former MD &amp; CEO of Yes Bank, Rana Kapoor.&nbsp;SEBI&nbsp;has ordered this attachment as Kapoor failed&nbsp;to pay the fine imposed on him even as a notice of demand was issued to him on February 11.&nbsp;Market regulator said Rana&nbsp;Kapoor&nbsp;owes Rs 1.04 cr as fines as of date.&nbsp;

SEBI attaches financial assets of Rana Kapoor as he fails to pay Rs 1 cr fine

More trouble for former chief of Yes Bank, SEBI&nbsp;orders attachment of Rana&nbsp;Kapoor's&nbsp;financial assets as he fails to pay fine to the regulator.&nbsp;

<ul>
<li>SEBI attaches&nbsp;financial assets of Rana&nbsp;Kapoor</li>
<li>Rana&nbsp;Kapoor&nbsp;failed to pay SEBI&nbsp;fine of ₹1 cr</li>
<li>SEBI&nbsp;attaches&nbsp;bank a/c, MF and other holdings&nbsp;</li>
<li>Notice of demand sent to Kapoor&nbsp;on Feb 11&nbsp;</li>
</ul>

Market regulator SEBI&nbsp;has&nbsp;ordered the&nbsp;attachment of bank accounts, share &amp; mutual fund holdings of former MD &amp; CEO of Yes Bank, Rana Kapoor.&nbsp; SEBI&nbsp;has ordered this attachment as Kapoor failed&nbsp;to pay the fine imposed on him even as a notice of demand was issued to him on February 11.&nbsp; Market regulator said Rana&nbsp;Kapoor&nbsp;owes Rs 1.04 cr as fines as of date.&nbsp;

Indiabulls&nbsp;Housing has reportedly sold Yes Bank co-founder Rana&nbsp;Kapoor's&nbsp;house in South Delhi for Rs 114 cr.&nbsp;The lender in an attempt to recover their dues from Rana&nbsp;Kapoor&nbsp;backed companies took possession of the&nbsp;1,234 square yards property on Kautaliya&nbsp;Marg&nbsp;in January.&nbsp;
&nbsp;
&nbsp;

Indiabulls sells Rana Kapoor's house for ₹114 cr 

In a bid to recover fund lent to Rana&nbsp;Kapoor backed company, Indiabulls housing auctions the Yes Bank's co-founders' house in South Delhi for Rs 114 cr.&nbsp;

Indiabulls&nbsp;Housing has reportedly sold Yes Bank co-founder Rana&nbsp;Kapoor's&nbsp;house in South Delhi for Rs 114 cr.&nbsp;
The lender in an attempt to recover their dues from Rana&nbsp;Kapoor&nbsp;backed companies took possession of the&nbsp;1,234 square yards property on Kautaliya&nbsp;Marg&nbsp;in January.&nbsp;
Reports indicate Indiabulls&nbsp;is looking to recover Rs 280 cr from Bliss Valley a company in which Rana&nbsp;Kapoor&nbsp;was a guarantor.
&nbsp;

Indiabulls&nbsp;Housing has reportedly sold Yes Bank co-founder Rana&nbsp;Kapoor's&nbsp;house in South Delhi for Rs 114 cr.&nbsp; The lender in an attempt to recover their dues from Rana&nbsp;Kapoor&nbsp;backed companies took possession of the&nbsp;1,234 square yards property on Kautaliya&nbsp;Marg&nbsp;in January.&nbsp; Reports indicate Indiabulls&nbsp;is looking to recover Rs 280 cr from Bliss Valley a company in which Rana&nbsp;Kapoor&nbsp;was a guarantor.&nbsp;
&nbsp;

Rana Kapoor's London flat worth ₹127 cr attached by ED

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.

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.

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