<p>The Enforcement Directorate (ED) has attached assets worth Rs 2,203 of Yes Bank co-founder Rana Kapoor and Dewan Housing Finance Corporation Ltd (DHFL) promoters Kapil and Dheeraj Wadhawan among others in connection with a money laundering case.</p>.<p>The assets were provisionally attached under the Prevention of Money Laundering Act.</p>.<p>Officials said some foreign assets of Kapoor, who was arrested by the ED in March and presently in judicial custody, have also been frozen.</p>.<p>The properties of Kapoor that were seized include a bungalow in the national capital among others.</p>.<p>Around a dozen flats and individual houses in Mumbai and Pune and some bank accounts of others have also been attached.</p>.<p>Kapoor, his family members and others have been accused of laundering proceeds of crime worth Rs 4,300 crore by receiving alleged kickbacks in lieu of extending big loans through their bank that later turned into non-performing assets (NPA).</p>.<p>The CBI had on June 25 filed a chargesheet against Kapoor and Wadhawans among others in a quid-pro- quo case involving the private sector lender. It is alleged that Kapoor's family received kickbacks for Yes Bank's investment in DHFL's debentures.</p>.<p>Kapoor is charged for entering into a criminal conspiracy with Kapil Wadhawan for extending financial assistance to DHFL through Yes Bank.</p>.<p>According to the CBI, Yes Bank invested Rs 3,700 crore in short-term debentures of the scam-hit DHFL between April and June 2018. Wadhawan allegedly "paid kickback of Rs 600 crore" to Kapoor in the form of loans to DoIT Urban Ventures, a firm controlled by Kapoor's wife and daughters, the CBI had claimed.</p>
<p>The Enforcement Directorate (ED) has attached assets worth Rs 2,203 of Yes Bank co-founder Rana Kapoor and Dewan Housing Finance Corporation Ltd (DHFL) promoters Kapil and Dheeraj Wadhawan among others in connection with a money laundering case.</p>.<p>The assets were provisionally attached under the Prevention of Money Laundering Act.</p>.<p>Officials said some foreign assets of Kapoor, who was arrested by the ED in March and presently in judicial custody, have also been frozen.</p>.<p>The properties of Kapoor that were seized include a bungalow in the national capital among others.</p>.<p>Around a dozen flats and individual houses in Mumbai and Pune and some bank accounts of others have also been attached.</p>.<p>Kapoor, his family members and others have been accused of laundering proceeds of crime worth Rs 4,300 crore by receiving alleged kickbacks in lieu of extending big loans through their bank that later turned into non-performing assets (NPA).</p>.<p>The CBI had on June 25 filed a chargesheet against Kapoor and Wadhawans among others in a quid-pro- quo case involving the private sector lender. It is alleged that Kapoor's family received kickbacks for Yes Bank's investment in DHFL's debentures.</p>.<p>Kapoor is charged for entering into a criminal conspiracy with Kapil Wadhawan for extending financial assistance to DHFL through Yes Bank.</p>.<p>According to the CBI, Yes Bank invested Rs 3,700 crore in short-term debentures of the scam-hit DHFL between April and June 2018. Wadhawan allegedly "paid kickback of Rs 600 crore" to Kapoor in the form of loans to DoIT Urban Ventures, a firm controlled by Kapoor's wife and daughters, the CBI had claimed.</p>
