In a second arrest in less than one year, the Enforcement Directorate (ED) has arrested former chairman of Yes Bank Rana Kapoor in a money laundering case linked to the Mack Star Group-Rs 4,300 crore PMC Bank scam case.
Rana Kapoor is the third person to have been arrested in the Mack Star Group-PMC Bank scam case. On January 23, ED had arrested Mehul Thakur and Madan Gopal Chaturvedi in this year. A day ahead of these arrests, the ED conducted raids at ten premises including the residence of former underworld don Bhai Thakur and offices of Viva Group which is controlled by his family.
Rana Kapoor was produced before a PMLA court which remanded in ED custody till January 30.