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  4. ED summons industrialist Subhash Chandra in Yes Bank probe

ED summons industrialist Subhash Chandra in Yes Bank probe

Industrialist Subhash Chandra has been summoned by the Enforcement Directorate in connection with the Yes Bank money laundering case.

India TV Business Desk India TV Business Desk
New Delhi Updated on: March 16, 2020 20:49 IST
ED summons industrialist Subhash Chandra in Yes Bank probe

ED summons industrialist Subhash Chandra in Yes Bank probe

Industrialist Subhash Chandra has been summoned by the Enforcement Directorate in connection with the Yes Bank money laundering case. Chandra has been directed to appear before the probe agency on Wednesday.

According to reports, the agency has summoned all the top borrowers of the Yes bank from March 17 to March 21. The agency is looking into all the big borrowers of the bank and the stressed loans sanctioned during the tenure of Rana Kapoor.

Apart from Chandra, the probe agency has also summoned Wadhawanas of the Dewan Housing Finance Ltd (DHFL) and former Jet Airways Chairman Naresh Goyal on Tuesday. Others including Peter Kerkar of Cox & Kings, Sameer Gehlot of IndiaBulls and Avantha Realty promoter Gautam Thapar have been asked to appear on a later date.

ALSO READ | HDFC to hold 7.97% stake in Yes Bank for Rs 1,000 crore infusion

ALSO READ | Yes Bank co-founder Kapoor's ED remand extended till March 20

 

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