New Delhi: As the enforcement directorate is continuing questioning Yes Bank founder Rana Kapoor, his three daughters have also come under the scanner. On Saturday, a day after the Reserve Bank of India put Yes Bank under moratarium, the enforcement directorate started questioning Rana Kapoor. His Worli house, which is at post Samudra Mahal, was also being raided. This is in connection with Dewan Housing Finance Corporation Limited (DHFL) scam as Yes Bank funded DHFL. A case against Kapoor has been registered under the Prevention on Money Laundering Act (PMLA). Also Read - Yes Bank Crisis: After Raiding His Residence, ED Takes Founder Rana Kapoor in For Questioning
His family members, including his wife and daughters, are also on the radar as they were alleged beneficiaries of the scam. Also Read - Yes Bank: Co-founder Rana Kapoor Booked in Money Laundering Case, Raid at Worli Residence
Rana Kapoor’s all three daughters are in entrepreneurship. Rakhee Kapoor Tandon is the founder, managing director and CEO of RAAS Capital (India) Pvt Ltd. It comprises two ventures — RAAS Housing Finance (India) Pvt Ltd and Rural Agri Ventures India Pvt Ltd. She is married to Delhi/Dubai-based businessman Alkesh Tandon. His other two daughters are Radha Kapoor and Roshini Kapoor. Also Read - Finally, Rana Kapoor leaves Yes Bank, Ajai Kumar interim CEO
About Rana Kapoor’s House at Samudra Mahal
According to reports, Samudra Mahal was owned by Gwalior’s royal family, the Scindias. It was sold in the early 1960s. There are bungalows, duplexes, triplexes inside. One square foot costs Rs 1.1 to Rs 1.2 lakh.
Nandan Nilekani, Nirav Modi too own properties here.