New Delhi, December 16: Rana Kapoor, co-founder of Yes Bank, on Monday arrived at the Enforcement Directorate (ED) headquarters in connection with the ongoing Anil Ambani fraud case. ED officials are reportedly questioning Kapoor regarding alleged financial irregularities and loan defaults linked to the Reliance Group companies.
The case involves scrutiny of several high-value loans and alleged mismanagement by financial institutions. ED sources said the investigation aims to determine the role of promoters and bankers in facilitating or overlooking irregularities, with further proceedings expected to take several days.
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