Yes Bank Crisis : CBI makes shocking revelations against founder Rana Kapoor and Kapil Wadhwan

New Delhi, March 9 The CBI investigation into the case involving Yes Bank founder Rana Kapoor has revealed that he and his family members were paid Rs 600 crore as kickback by DHFL promoter Kapil Wadhwan in the garb of a "builder loan". It was a part of the criminal conspiracy hatched from April to June 2018 between Rana Kapoor, Wadhwan and others for extending financial assistance to Dewan Housing Finance Limited. 

The CBI on Monday carried out searches at seven locations here in connection with a corruption case registered against Yes Bank founder Rana Kapoor, Dewan Housing Finance Limited (DHFL) as well as its promoter Kapil Wadhawan. Primarily, the exact locations searched by the Central Bureau of Investigation (CBI) teams were not known yet but agency sources confirmed that the places belonged to the accused named in the First Information Report (FIR).

( With inputs from IANS )