New Delhi: In a major action against Yes Bank founder Rana Kapoor, the Enforcement Directorate (ED) on Friday said that it has attached his properties in London valued at Rs 127 crore in London, officials said.
An ED official said that the agency has attached one residential flat belonging to Rana Kapoor and having address Apartment 1, 77 South Audley Street, London in UK.
The market value of this flat is 13.5 million pound (Rs 127 Crore) and this flat was purchased by Rana Kapoor in 2017 for 9.9 million pound (Rs 93 Crore) in the name of DOIT Creations Jersey Limited, a company beneficially owned by him, the official added.
According to the financial probe officials, the agency got the tip-off from a reliable source that Rana Kapoor is striving hard to alienate this property in London and for this purpose, he has hired a reputed property consultant there.
“Enquiries from open sources revealed that this property has been listed for sale on several websites,” the official said.
The ED had registered a case of money laundering on March 7 this year based on the Central Bureau of Investigation FIR registered the same day against 12 people, including Kapoor, his wife and daughters, the Wadhawan brothers and five firms.
The Wadhawans were arrested by the CBI from Mahabaleshwar hill station in Maharashtra on April 26 and later in May the ED also arrested them.
The ED on July 9 attached Rs 2,203 crore assets, comprising 344 bank accounts, investments and high-end vehicles in India, New York and Australia, of Kapoor and his family, the Wadhawans and others under the PMLA in the Rs 3,700 crore fraud case.
With the issuance of the current attachment order, ED has successfully attached whole “proceeds of crime” of Rs 600 crore being enjoyed by Rana Kapoor.
Rest of the attachment of Rs 1,411 crore is of properties relating to Wadhawan brothers.
In addition to the above attachments, the ED has also attached one more property of Rana Kapoor valued at Rs 307 crore in another PMLA case. Therefore, total attachment of Rana Kapoor is Rs 907 crore.
The ED has filed charge sheet against Rana Kapoor, Kapil Wadhawan, Dheeraj Wadhawan and their associates as accused.
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