{"id":11758,"date":"2020-08-03T13:08:52","date_gmt":"2020-08-03T13:08:52","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=11758"},"modified":"2020-08-03T13:08:52","modified_gmt":"2020-08-03T13:08:52","slug":"yes-bank-scam-court-rejects-bail-pleas-of-wadhawan-brothers","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=11758","title":{"rendered":"Yes Bank scam: Court rejects bail pleas of Wadhawan brothers"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"article-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" class=\"lazy lazy-hidden wp-image-2004095 size-large\" data-lazy-type=\"image\" src=\"https:\/\/images.financialexpress.com\/2020\/06\/1-622-620x413.jpg\" alt=\"\" width=\"620\" height=\"413\" srcset=\"\" sizes=\"auto, (max-width: 620px) 100vw, 620px\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazy lazy-hidden wp-image-2004095 size-large\" data-lazy-type=\"image\" src=\"https:\/\/images.financialexpress.com\/2020\/06\/1-622-620x413.jpg\" alt=\"\" width=\"620\" height=\"413\" srcset=\"\" sizes=\"auto, (max-width: 620px) 100vw, 620px\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2004095 size-large\" src=\"https:\/\/images.financialexpress.com\/2020\/06\/1-622-620x413.jpg\" alt=\"\" width=\"620\" height=\"413\" srcset=\"https:\/\/images.financialexpress.com\/2020\/06\/1-622-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2020\/06\/1-622-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2020\/06\/1-622-401x267.jpg 401w, https:\/\/images.financialexpress.com\/2020\/06\/1-622-440x293.jpg 440w, https:\/\/images.financialexpress.com\/2020\/06\/1-622-80x54.jpg 80w, https:\/\/images.financialexpress.com\/2020\/06\/1-622-313x209.jpg 313w, https:\/\/images.financialexpress.com\/2020\/06\/1-622.jpg 660w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\"\/><\/noscript><\/noscript><span class=\"article-caption\">Wadhawans allegedly \u201cpaid kickback of Rs 600 crore\u201d to Kapoor and his family members in the form of loans.<\/span><\/figure>\n<\/div>\n<p>A special CBI court here on Friday rejected the bail pleas of DHFL promoter Kapil Wadhawan and his brother Dheeraj, accused in the <a target=\"_blank\" href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/yes-bank-ltd-stock-price\/\" rel=\"noopener noreferrer\">Yes Bank<\/a> scam. Kapil and Dheeraj Wadhawan, promoters of Dewan Housing Finance Ltd (DHFL) and RKW Developers respectively, were arrested in April by the CBI in connection with the scam.<\/p>\n<p>Yes Bank founder Rana Kapoor is also an accused in the case. According to the CBI FIR, the scam started taking<br \/>shape between April and June 2018, when Yes Bank invested Rs 3,700 crore in short-term debentures of the scam-hit DHFL.<\/p>\n<p>In return, the Wadhawans allegedly \u201cpaid kickback of Rs 600 crore\u201d to Kapoor and his family members in the form of loans to DoIT Urban Ventures (India) Pvt Ltd held by the latter\u2019s wife and daughters, the CBI has claimed. Apart from the CBI, the duo is also being probed by separately by the Enforcement Directorate in connection with<br \/>the case.<\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/s-p-bse-sensex-stock-price\/\" target=\"_blank\" rel=\"noopener noreferrer\">BSE<\/a>, <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nifty-50-stock-price\/\" target=\"_blank\" rel=\"noopener noreferrer\">NSE<\/a>, <a href=\"https:\/\/www.financialexpress.com\/investing-abroad\/\" target=\"_blank\" rel=\"noopener noreferrer\">US Market<\/a> and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\"https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\"https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<p class=\"telegram-text\"><img loading=\"lazy\" decoding=\"async\" class=\"telegrma_img\" src=\"https:\/\/images.financialexpress.com\/2020\/04\/telegram.png\" alt=\"\" width=\"24\" height=\"24\" style=\"margin: 0px 5px 4px 0px; float: left;\"\/>Financial Express is now on Telegram. <a href=\"https:\/\/t.me\/TheFinancialExpressOnline\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to join our channel<\/a> and stay updated with the latest Biz news and updates.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\\\"https:\/\/www.financialexpress.com\/industry\/banking-finance\/yes-bank-scam-court-rejects-bail-pleas-of-wadhawan-brothers\/2041406\/\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wadhawans allegedly \u201cpaid kickback of Rs 600 crore\u201d to Kapoor and his family members in the form of loans. A special CBI court here on Friday rejected the bail pleas of DHFL promoter Kapil Wadhawan and his brother Dheeraj, accused in the Yes Bank scam. Kapil and Dheeraj Wadhawan, promoters [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11759,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-11758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/08\/1-622.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/11758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11758"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/11758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/11759"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}