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Mumbai: PMLA court grants bail to Rana Kapoor, Gautam Thapar and 7 others

The bail filed through advocates Vijay Agarwal and Rahul Agarwal said that Yes Bank founder Kapoor was never arrested in the present case and has fully co-operated with the probe. The ED has examined him, recorded his statement and he is ready to abide by any condition imposed by the court, the plea said

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Rana Kapoor. File Pic

Rana Kapoor. File Pic

A special PMLA court granted bail to Yes Bank founder Rana Kapoor, businessman Gautam Thapar and seven others in a case pertaining to the sale of a property at a prime location in Delhi.

Kapoor and Thapar, however, will not walk out of jail as they are in judicial custody in connection with some other cases. The present case pertains to allegations in the sale of a property situated on Amrita Shergill Marg in Delhi to a company owned by Rana Kapoor's wife, Bindu Kapoor, for which a separate FIR had been registered by the Central Bureau of Investigation (CBI) in Mumbai last year. Later, the Enforcement Directorate (ED) had filed a money laundering case against Rana Kapoor, Bindu Kapoor, Gautam Thapar and seven others based on the CBI's FIR.

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