After being grilled for more than 15 hours, Yes Bank founder Rana Kapoor was placed under arrest by the Enforcement Directorate early on Sunday.
The agency first questioned Mr. Kapoor at his Worli residence on Friday and later brought him to its office on Saturday morning, where he was questioned throughout the day.
“Despite prolonged questioning, Mr. Kapoor was found to be uncooperative and hence, the need for custodial interrogation was deemed necessary. He was arrested in the early hours of the morning and charged under the Prevention of Money Laundering Act (PMLA),” an ED officer said.
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