Tag: ED custody

Yes Bank founder Rana Kapoor’s ED custody extended till March 16

NEW DELHI: A special court on Wednesday extended till March 16 the Enforcement Directorate (ED) custody of Yes Bank founder Rana Kapoor, arrested on money laundering charges. During the hearing, the ED told the special Prevention of Money Laundering Act (PMLA) court that Kapoor had sanctioned loans worth Rs 30,000 crore to different entities during […]

IL&FS case: Court extends ED custody of two former officials by 3 days

NEW DELHI: A special court here on Tuesday extended the Enforcement Directorate (ED) custody of two former IL&FS officials, arrested for their alleged role in money laundering for the crisis-hit infrastructure lender, by three days. IL&FS’ former joint managing director, Arun K Saha, and its transportation network MD, K Ramchand, were further remanded in the […]

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