Yes Bank Co-founder Rana Kapoor Granted Bail in Money-Laundering Case

Yes Bank Co-founder Rana Kapoor Granted Bail in Money-Laundering Case
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A special court in India has granted bail to Yes Bank co-founder Rana Kapoor in a money-laundering case connected to alleged financial irregularities at the bank. Kapoor’s release is conditional as he has not been granted bail in a related case registered by the Central Bureau of Investigation. The court granted him bail after considering various factors, including Kapoor’s health conditions and the progress made in the investigation. Kapoor will remain in jail until granted bail in the CBI case. Read more…

TIS Staff

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