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25 Sep 2020

Enforcement Directorate Confiscate Properties Of Rana Kapoor Of Yes Bank In UK

Reports have been coming in from London where enforcement directorate has made a major recovery on the part of Yes Bank and its tributaries.  

Enforcement Directorate (ED) has provisionally attached a residential flat of Rana Kapoor at Apartment 1, 77 South Audley Street, London, UK. The market value of the flat is 13.5 Million Pound (Rs 127 Crore).

According to the enforcement directorate the property was purchased by Yes Bank co-founder Rana Kapoor in 2017 for 9.9 Million Pounds (Rs 93 Crores) in the name of DOIT Creations Jersey Limited, wherein accused Rana Kapoor is the beneficial owner.

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