The central agency had arrested Rana Kapoor around 3am on Sunday under the Prevention of Money Laundering Act (PMLA) related to Dewan Housing Finance Corporation Ltd (DHFL). Before that, he was questioned for hours.

ED had taken the Yes Bank founder to the Ballard Pier office in south Mumbai on Saturday morning for questioning.

Kapoor’s house was also raided by the agency on Friday night, a day after the Reserve Bank of India (RBI) put Yes Bank under a moratorium and capped withdrawals for its depositors at Rs 50,000 till April 3

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