ED arrests Yes Bank founder Rana Kapoor under PMLA

Rana was questioned by the ED sleuths for over 20 hours after the central agency raided his residence on Friday night. They said Kapoor was placed under arrest around 3 am under the provision of the Prevention of Money Laundering Act (PMLA) as he was allegedly not cooperating in the probe.

from Banking/Finance-Industry-Economic Times https://ift.tt/2IpSM50