Yes Bank case: ED attaches vehicles of DHFL promoters Wadhawans

Tribune News Service
New Delhi, April 10

Anti-money laundering probe agency Enforcement Directorate on Friday issued seizure orders for five luxury vehicles used by DHFL promoters Kapil and Dheeraj Wadhawan to travel to their farmhouse in Maharashtra’s Mahabaleshwar during the coronavirus lockdown, officials said.

According to them, the probe agency has sent an official order, issued under the Prevention of Money Laundering Act (PMLA), to the Satara Superintendent of Police for execution. The vehicles are owned by the Wadhawan brothers, the notice said.

The Wadhawan brothers and 21 others, including their family members, were travelling in two Range Rover and three Toyota Fortuner cars.

Meanwhile, anti-corruption probe agency CBI has asked Satara district authorities to not release Wadhawan brothers from COVID-19 quarantine without its approval as they face non-bailable warrants in the Yes Bank fraud case, the agency said in a statement.

The brothers are named as accused in the CBI FIR pertaining to swindling of money by Yes Bank former CEO Rana Kapoor and other accused, it said.

The CBI said Kapil and Dheeraj were absconding since the case was registered on March 7 prompting the agency to get Non-Bailable Warrants against them from a special court, it said.

The CBI release said, “The agency had received information on Thursday about their location at a government quarantine centre in Panchgani following which the CBI dispatched an email to Satara District Magistrate asking him to not release them without an NOC from the CBI”.