Yes Bank-DHFL case: Rana Kapoor, Kapil and Dheeraj Wadhawans laundered money worth Rs 5,050 crore, says ED

During the investigation, it came to light that a big part of the proceeds of crime (POC) generated in this case has been siphoned off overseas by Rana Kapoor and hence they are not available for attachment directly under the provisions of Prevention of Money Laundering Act (PMLA), Enforcement Directorate said.

from Banking/Finance-Industry-Economic Times https://ift.tt/0YUAjqG