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ED arrests Rana Kapoor, will appear in PMLA court
After two days of grilling, Yes Bank founder Rana Kapoor, one of India's most high profile bankers, was arrested by the Enforcement Directorate (ED) on Sunday in a money laundering case. Kapoor has been booked under the Prevention of Money Laundering Act (PMLA) and other offences days after the Yes Bank crisis erupted. The arrest came after Kapoor was grilled since Friday night for his and his family's links with the stressed-and-controversial realty firm DHFL.
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