The Enforcement Directorate has said in a report by a news agency, that assets, including flats in London and New York, sporting market value of Rs 2,800 crore of Yes Bank co-founder the disgraced Rana Kapoor and the Wadhawan brothers of DHFL company have been attached in connection with the Yes Bank money laundering case.
The central probe agency said it has issued a provisional order, under the Prevention of Money Laundering Act, for attachment of properties worth Rs 2,203 crore.
“The present market value of these assets is more than Rs 2,800 crore and include immovable properties in India and abroad, bank accounts, investments, luxury vehicles among others,” it said.
“These assets belong to Rana Kapoor, Kapil Wadhawan and Dheeraj Wadhawan and the entities controlled by them,” the ED added.
Kapoor, 62, and the Wadhawans were arrested by the agency in this case early this year and they are in judicial custody at present.
Kapoor’s frozen assets include a bungalow (no 40) located at the upmarket Amrita Shergill Marg in Delhi that is worth Rs 685 crore, an independent residential building ‘Khursidabad’ at Cumbala Hill in south Mumbai, three duplex flats at Napean Sea Road in Mumbai, a residential flat in NCPA, Nariman Point and eight flats in India Bulls Blue in the Worli area of Maharashtra’s capital city, the ED said.
“These attached assets relating to Rana Kapoor and linked entities have a total value of Rs 792 crore but their present market value is Rs 1,400 crore,” the agency said.